Superyacht makers at Monaco Yacht Show buoyant as demand grows
"Ed Miliband's assertion that the rising tide of economic fortune used to lift all boats, but now only seems to lift yachts, would certainly seem to be borne out by the Monaco Yacht Show. The show, which has just begun, boasts Europe's largest collection of superyachts. At the show the Labour leader would find that demand is once again surging for the ultimate billionaire's plaything, ranging from an entry-level 30 metre-long boat costing around £10m, to gigantic vessels with 90-strong crews that are effectively private cruise liners.
The UK superyacht industry – a superyacht is more than 24 metres long – has reported record revenues of £460m, up 4% on last year, as more of their traditional customers in the US, Russia and the Middle East place orders for these custom-built, floating palaces."
Source: Superyacht makers at Monaco Yacht Show buoyant as demand grows | Business | theguardian.com
Time to add a tax on yachts to Mili's manifesto
"Ed Miliband's assertion that the rising tide of economic fortune used to lift all boats, but now only seems to lift yachts, would certainly seem to be borne out by the Monaco Yacht Show. The show, which has just begun, boasts Europe's largest collection of superyachts. At the show the Labour leader would find that demand is once again surging for the ultimate billionaire's plaything, ranging from an entry-level 30 metre-long boat costing around £10m, to gigantic vessels with 90-strong crews that are effectively private cruise liners.
The UK superyacht industry – a superyacht is more than 24 metres long – has reported record revenues of £460m, up 4% on last year, as more of their traditional customers in the US, Russia and the Middle East place orders for these custom-built, floating palaces."
Source: Superyacht makers at Monaco Yacht Show buoyant as demand grows | Business | theguardian.com
Time to add a tax on yachts to Mili's manifesto
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