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

bbc.co.uk

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

#121

Post by cjbgkagh »

O__________O wrote: post #97
IMTDb wrote: post #49

Earlier quoted context omitted.

> 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. Only one of these issue is UK specific tho; so either your fears extend to the rest of Europe and/or the western world, or you can pinpoint the cause of your anxiety.

Impact of Covid was likely specific though, since it’s my understanding per capita that UK spent significantly more money on Covid than other European countries in part because they have spent significantly less per capita on healthcare for at least the last decade. Source: https://www.ft.com/content/f752a1ad-4a23-408f-a549-4909974c6...

Both main parties participate in graft, but the Tories were in power so they we’re the ones doing it this time. Crazy lucrative contracts were handed out to party members, family of party members, and donors.

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

#122

Post by ClumsyPilot »

retrac98 wrote: post #107
kilroy123 wrote: post #104

Earlier quoted context omitted.

I spent the last year living in London. I'm from California originally so a regular old American. I do think it's a nation on the decline in many ways. However, I met so many ambitious immigrants who came to the UK to work hard and make a good life for themselves. I believe these people will continue to keep the UK humming along. It might not be a mighty outsized county economically but they'll be fine.

London might as well be a different country from the rest of the UK. It’s not at all representative.

PPP per capita of London is almost double that of any other major city in Britain Manchester, Bringingham or Leeds.

In PPP, Paris, Warsaw and Prague are roughly on par. UK looks like a poor-ish country with one rich city.

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

#123

Post by jmyeet »

recuter wrote: post #90
the_mitsuhiko wrote: post #3

I’m quite curious how this will end in the UK. Regardless of how much Brexit has to do with this, I think the lack of actual Brexit opportunities and the contribution it has to core inflation is at one point going to change the political landscape.

Proposed Scottish independence is 12 months away. https://en.wikipedia.org/wiki/Proposed_second_Scottish_indep... > In July 2022, the Scottish Greens announced that, if a referendum were blocked, they would fight the next general election as a referendum instead General elections are 25 months away. Labour is up 30 points in the polls or something like that. Brexit probably didn't help the UK economy but the economic…

As much as I think Brexit was (and is) a disaster that was really just a reactionary vote against immigration (particularly POlish immigration), I think "Scexit" is a mistake and fail for the same reasons that there will be Ireland reunification.

Land borders. In Northern Ireland this creates a problem because you eitehr have to have a customs border between NI and the Republic of Ireland or between NI and Great Britain. The first can't really happen. The second is more natural but separates the Unionists (Protestants) from the UK but it's the only practical solution.

Combine this with the Republican (Catholics) population growing faster than the Unionists and Brexit has made reunification essentially inevitable.

So imagine how "Scexit" would work. A hard border between Scotland and England? It's almost as unworkable as a border between NI and Eire. This is really why Scexit has failed and that'll continue to be the case.

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

#124

Post by jamiegreen »

cjbgkagh wrote: post #84
racktash wrote: post #25

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…

I fear that this time it’s terminal. I’ve been advising my friends to leave the UK for over ten years. To paraphrase Peter Hitchens, “I’ve never seen a more doomed society and I lived in Russia during the fall of USSR”

and go where exactly....

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

#125

Post by jahnu »

klelatti wrote: post #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 w…

“Getting Brexit Done”, a terrible, debilitating disease. One of the worst symptoms has been “trade agreements at any cost”

https://davidallengreen.com/2022/11/getting-any-quick-intern...

“ All you have to do is turn up to the negotiation, ask what the other side’s negotiators want, give it to them, and – Hey Peston! – the United Kingdom has a trade agreement.”

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

#126

Post by CommanderData »

Mikeb85 wrote: post #73
racktash wrote: post #25

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…

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…

The rich perpetuate anti-Taxation ideas through our political class.

Currently the UK system is not "pay to play", if this changed tomorrow someone will be happily own the asset sacrificing a true percentage. In fact Tax is an idea our bankers want to see more of, the outspoken ones that is.

Our UK assets are still worth a pretty penny and last I checked it's kinda difficult to annex physical property to an offshore country. The political classes job is selling this country to the highest bidder as fast the public allows them to get away with and they plan to be in power for a very long time with the help of the media.

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

#128

Post by ClumsyPilot »

rsynnott wrote: post #110
ChuckNorris89 wrote: post #82

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…

Its worse then that, Voris was elected on his 'over ready deal', withing 1 year he decided to break the deal he hinself signed because he didnt like it. You couldn't make it up!!

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

#129

Post by guitarbill »

mytailorisrich wrote: post #56
de_keyboard wrote: post #32

Earlier quoted context omitted.

The US would not allow their financial sector to migrate from NY to London. China is even more controlling than the US. London used to be the center of finance in Europe and now the EU sees an opportunity to grab that revenue / power. Where does this leave London? And the UK as a whole is heavily dependent on London.

The UK is a major global financial centre and globally competitive. What it has lost, which is not that much, is due to EU regulations which mandate that some activities have to be in the EU. China is not relevant. You're not making a convincing point, IMHO.

Is the UK really "a major global financial centre", or is it just London?

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

#130

Post by etiennemarcel »

cjbgkagh wrote: post #112
ekianjo wrote: post #103

Earlier quoted context omitted.

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.

What colonies are you referring too? The last one was Djibouti in 77...
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