Kjetil Haugen
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I love it! Flying to UK from Oslo is cheaper than taking the bus 
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Yes! But some confirmation from JJ would be useful. TC.If that is the same Alan Piper who was at Arri then Panavision. Red will be very lucky to get him. He was a walking encyclopedia on film camera's and equipment as I remember and always very patient explaining different aspects of equipment helping you weigh the pro's and con's for ones own specific shooting situation.
The problem is not to pay by credit card in Pounds. When you're professional (and it's what the Reds are aimed at, no ?) you're dealing with taxes/VAT/currency changes (the European banks charge currency conversion, which is a shame for a Red European center). When you're doing business in the Euro zone, every company has a VAT-number which simplifies the VAT problem (and I suppose there will be VAT on repair, otherwise it's illegal, even in the UK) and the exchange of goods.
If a shooter comes from outside Europe (geographically speaking, for instance USA) without declaring their camera at the customs and if the camera has to be repaired (in the UK or in the Euro zone) it will be considered as an export and as an import when sent back. It will then induce VAT problems. It's not a general rule, but it happened to me.
I'm doing regularly business with the UK and Switzerland (Denmark doesn't belong to the Euro zone either), sending and buying goods. It's more paperwork, and less insurance for a professional, tha'ts all. It's considered to be importation and exportation outside Europe from an admnistration/legal/fiscal point of view. That's why Europe is for. But it doesn't change a lot for an individual who just pays by credit card without caring of everything else, of course.
Jean-Charles