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UK food price inflation hit 16.2% in October – cost of food basics surging

bbc.co.uk

111–120 of 364 posts

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#111
post #92

Earlier quoted context omitted.

> Paris has even overtaken London in finance citation please? in terms of financial centres: NYC is first, followed by London (and they swap places every so often) down at number 15 or so is Paris

https://uk.finance.yahoo.com/news/paris-london-stock-market-...

quite what the summed market caps of companies traded on a single exchange has to do with the size or competitiveness of the UK financial sector I really don't understand

Apple's market cap alone is larger than the entire LSE, and Paris exchange

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#112
post #73

Earlier quoted context omitted.

No you're right, the UK is done. Little to no industry left, they were a nation of bankers and multinationals that exploited their former colonies. But it's not because of Brexit, COVID or Russia. It's because they never adapted and the rich in their country cared more about maintaining status than improving the country. Look at France and Germany: industry, tech, lots of "producing" businesses thrive. Paris has even…

France has ambition? France has the only ambition to barely function as a country and not much else.

France lost a few African colonies (protectorates?) recently, something there has been surprisingly little mainstream news about. People forget that France is still running a mini empire quietly on the side.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#113
post #54
post #30

I left the UK for the US in 2019. My I-485 was approved this week. I haven't been able to travel back to the UK since 2019 first because of Covid and then because of the pending I-485 petition. I'll be going back for the first time once my card is delivered. Reading about what has been happening over the past years in the UK while sitting in the US is really strange. Sometimes it feels like reading about a cartoonish…

So you traded our bananas republic for a gun toting corporatocracy with low employment protection and comedy healthcare and no food standards. I'm not sure who's worse off.

Personally they might still be doing way better in the US and that is all that really matters.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#114

I genuinely fear for the UK. It's going to be a very different country in ten years, and I fear it will be a weaker, poorer and more divided one. I don't know for sure what the main cause of our current problems is, but I know that it's not a single issue. Brexit, Covid-19 and the war with Russia – not one of these issues alone is the cause of our problems. My hope for the country rests in the fact that it still has…

Well there are many reasons, but one of the major ones is that the last time the ruling party in the UK won a majority of the popular vote was, drumroll... 1931. The FPTP system essentially means that elections are decided by a small number of people living in marginal seats, that usually straddle poor urban and wealthy rural areas and so that is who (successful) politician's messages and policies are targeted at. It…

You assume that a government in an elected democracy will solve anything or be any better than the current situation. This has proven to be false over and over again in history. The only countries that flourished and had tremendous economic growth, are those who had a period of more personal freedom and an almost non-existent government. The more government you have, the less can the human spirit succeed in moving things forward. The few deciding for the many is a failure in any way you spin it.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#115
It might not seem like the biggest issue at the moment but the departure from fact based economics seems to me to underly lots of UK’s current issues.

One example. They have to find Brexit benefits so we have pointless plans to depart from eu rules. Result is higher costs for businesses and uncertainty for anyone trying to plan.

This allowed someone like Truss to get into power with a fantasy economic plan.

You can want Brexit for lots of reasons but the denial of its real economic impact has poisoned the discourse about how to manage the U.K. economy.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#116
post #30

I left the UK for the US in 2019. My I-485 was approved this week. I haven't been able to travel back to the UK since 2019 first because of Covid and then because of the pending I-485 petition. I'll be going back for the first time once my card is delivered. Reading about what has been happening over the past years in the UK while sitting in the US is really strange. Sometimes it feels like reading about a cartoonish…

Media always exaggerates. UK will be fine even if it has lost its shine.

As someone who works in education, we education nurses, the public services (think police, fire, army etc) IT, coding, space tech, brickies, chefs, etc etc etc .... so many lecturers have an exit plan, or are already gone.

The very foundadtions of the country are being removed. How do you run an economy when there's no one educated enough to do it? Even if we drop 1% of the future leaders, business owners, start up founders, and whatever .... what is the UK then? I don't think we'll be fine, we're slowly sinking and everyone is banging pots for the NHS and saying 'keep calm!' and selling their houses to AirBNB lettting agents and NOT VOTING and we still have the most stupid voting system on planet earth so nothing can change.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#117

Earlier quoted context omitted.

>But the severity of UK's problems are solely of their own making and are pretty much entirely due to Brexit, and the fallout from Brexit that caused by a string of ill-prepared "leaders". The leaders weren't just I'll prepared with Brexit, they head-on despite the consequences, since they were chasing the "EU-bad" popularity votes by pointing at the EU as the scapegoat for the UKs own self inflicted internal issues.…

> The leaders weren't just I'll prepared with Brexit, they head-on despite the consequences Well, arguably, they kind off got carried away by the thing they created; Brexiters pre-referendum were usually advocating some sort of soft Brexit (albeit often with conflicting demands which made it impossible; "single market access but we don't need to follow European rules" sort of thing), then there was May's Brexit which…

>but the degree of badness intensified as the leaders of the movement were captured by the movement itself

Well yeah, the population voted to jump off a cliff, and the leaders (Boris) cheered them on and promised them the most spectacular cliff jump ever just to shove it to the EU.

In a way this is populist democracy in action and is a lesson for future generations.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#118
post #114

Earlier quoted context omitted.

Well there are many reasons, but one of the major ones is that the last time the ruling party in the UK won a majority of the popular vote was, drumroll... 1931. The FPTP system essentially means that elections are decided by a small number of people living in marginal seats, that usually straddle poor urban and wealthy rural areas and so that is who (successful) politician's messages and policies are targeted at. It…

You assume that a government in an elected democracy will solve anything or be any better than the current situation. This has proven to be false over and over again in history. The only countries that flourished and had tremendous economic growth, are those who had a period of more personal freedom and an almost non-existent government. The more government you have, the less can the human spirit succeed in moving th…

> only countries that flourished and had tremendous economic growth, are those who had a period of more personal freedom and an almost non-existent government

I forgot about the famously non-existent ancient Egyptian and modern Chinese governments.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#119
post #30

I left the UK for the US in 2019. My I-485 was approved this week. I haven't been able to travel back to the UK since 2019 first because of Covid and then because of the pending I-485 petition. I'll be going back for the first time once my card is delivered. Reading about what has been happening over the past years in the UK while sitting in the US is really strange. Sometimes it feels like reading about a cartoonish…

Can you tell me about your experience with I-485 adjustment? What visa did you adjust from? Did you decide not to apply for advanced parole?

About to go through the process, any tips would be greatly appreciated.

Re: UK food price inflation hit 16.2% in October – cost of food basics surging

#120

It might not seem like the biggest issue at the moment but the departure from fact based economics seems to me to underly lots of UK’s current issues. One example. They have to find Brexit benefits so we have pointless plans to depart from eu rules. Result is higher costs for businesses and uncertainty for anyone trying to plan. This allowed someone like Truss to get into power with a fantasy economic plan. You can w…

The whole Brexit was "Mess around & find out" thing.

And looks like UK is in the "The more you mess around, the more you find out" stage, with every day they are finding out new things

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