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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

#311

Current top post on HN is a Raspberry Pi project: rpi is a British invention. Second is a paper from UCL, based in London. In the top few is a paper by DeepMind, also in London. Yet HN likes to go absolutely nuts about how the UK is “done” at every opportunity.

I don't know if it's because HN is American-centric, but lol this is so on point.

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

#312

Earlier quoted context omitted.

More annoying than that. Try hiring software engineers. When I started working in London 15 years ago my colleagues were from a mixture of counties across the EU, easily greater than 50%. Now it's rare to see a CV from outside the UK except for a perhaps people from India.

So? What's your issue working with British and/or Indian people?

There's no problem with them. The problem for UK is that the other people who could have worked in the UK and produce value in the country, have left and now contribute to other countries' economy.

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

#313
post #310
post #307

Earlier quoted context omitted.

> It’s quite strange feeling like a “foreigner” in your home country It's a bizarre feeling. I visited the UK in 2014 after being away since 2007. I felt so odd and displaced there, I couldn't wait to leave again. Not a reflection on the place, although I was disappointed by how unfriendly people were - almost like all the friendly Brits have left and are the ones I meet overseas.

Mirrors my experience. Despite living in a city known for being quite "cold" (the "Seattle Freeze"), I have found it far easier to make friends here than I ever did in the UK. Even in one of the supposedly most unfriendly cities in the US, I find the vibe far more friendly than in the UK on average.

I have a feeling it's just the effect of being an expat. The reason I think that is I recall an Irish friend who went to the UK (from NZ where we both lived at the time) and commented his surprise that the English were the friendliest people he'd ever met.

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

#314

The UK is declining, and people are starting to notice it. People are blaming the government, and clamouring for more support and money, but unfortunately I suspect it’s not that simple. The elephant in the room, in my opinion, is that we simply don’t have the money to maintain the standard of living we once enjoyed. Almost all political conversations here are contingent on this fact, but this underlying problem is r…

We don't work as hard as we used to, we don't produce like we used to.

Our society has gone from one of growth to one of decay.

You can't do as much when you want to work a few hours a day a few days a week with seasons of time off.

You can't do as much when the supply of energy is falling over time.

You can't do as much when regulations grow and grow, making building anything less and less worthwhile and less and less possible.

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

#315

Earlier quoted context omitted.

It's happening all over the western world. 50 years ago everything of value happened in the west. Currently there are alot of block on the economy and they only grow. - people work less hours - education is slipping - lots of imports because we don't have it anymore (outsourced because of lack of cheap labour or environment laws) ...

> It's happening all over the western world. It's not really happening in the US. The US economy remains strong and may not even go into a significant recession in the next year. The US dollar remains the world reserve currency and allows unparalleled monetary and fiscal policy freedom. No-one is losing confidence in the dollar the same way they did in the pound. Inflation is coming down in the US and it's in a fanta…

[deleted]

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

#316

Earlier quoted context omitted.

Which wasn’t that far from succeeding, at 44%. Since then, they were made to leave the EU, the Queen died, and the party that proposed it has done well electorally.

The party that proposed it did well electorally last time too. Apparently there are lots of people in Scotland who vote for the SNP without fully agreeing with their goals. I'm neutral on the topic of Scottish independence but from a purely tactical perspective it'd be surprising if another referendum could be won at the moment. Sturgeon appears to know that and looks a lot like she's trying to string the SNP base al…

> EU membership means rule from Brussels.

This was the Brexit lie, and it's not really a sustainable argument post-Brexit.

> Joining can take years, in the meantime it would require severe austerity measures to stabilize the new state's finances.

A referendum wouldn't require leaving immediately; again, see Brexit. Negotiate an EU entrance while preparing for exit.

> The SNP has never resolved many of the open issues that caused them to lose last time.

Again, didn't stop Brexit.

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

#317

The UK is declining, and people are starting to notice it. People are blaming the government, and clamouring for more support and money, but unfortunately I suspect it’s not that simple. The elephant in the room, in my opinion, is that we simply don’t have the money to maintain the standard of living we once enjoyed. Almost all political conversations here are contingent on this fact, but this underlying problem is r…

From the time when I used to live in UK - You guys have almost no manufacturing and no tech sector. You are importing everything from abroad, yet there is nothing interesting in UK, no reason why I should ever want to get a work visa into the UK. Only thing which works is finance services, but you completely forget on that one during Brexit and you were concentrated on fishing which has almost comically low fraction…

The role has been taken over by Ireland, I would argue, over Netherlands and Estonia. As much affection as I have for Estonia.

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

#318
post #303

Earlier quoted context omitted.

> 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.

How much do you know about personal freedoms in ancient Egypt that you can argue this quote is false? We do know about the free economic zones in modern China, which had very very limited government. So these only reinforce my point.

> much do you know about personal freedoms in ancient Egypt that you can argue this quote is false?

It has been called the first command economy [1][2].

[1] https://resources.saylor.org/wwwresources/archived/site/wp-c...

[2] https://m.youtube.com/watch?time_continue=318&v=DiG0LomEptE&...

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

#319

The UK is declining, and people are starting to notice it. People are blaming the government, and clamouring for more support and money, but unfortunately I suspect it’s not that simple. The elephant in the room, in my opinion, is that we simply don’t have the money to maintain the standard of living we once enjoyed. Almost all political conversations here are contingent on this fact, but this underlying problem is r…

We don't work as hard as we used to, we don't produce like we used to. Our society has gone from one of growth to one of decay. You can't do as much when you want to work a few hours a day a few days a week with seasons of time off. You can't do as much when the supply of energy is falling over time. You can't do as much when regulations grow and grow, making building anything less and less worthwhile and less and le…

Here's a graph of UK labor productivity per worker since the 1950s:

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwor...

There is no point where the workforce, assisted by technology, was dramatically more productive than it is now. Given the rise in productivitiy, shouldn't we expect the standard of living to at least remain constant?

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

#320

It’s worth noting that for a long time, food prices in the UK have been significantly lower than in comparable countries in Europe. I go to France and Germany quite regularly, and to do a supermarket shop in either is significantly more expensive. My wife and I do online shops at Waitrose (which is probably the most expensive supermarket) and at a local butchers and don’t particularly try and save money on food. We s…

This is very noticeable if you watch grocery budget challenge videos on YouTube. British people are finding cans of food for something like 20p. Even at a 2:1 ratio, there's almost nothing you could buy for 40 cents in a US supermarket. A can of beans is like 65 cents here on a good day.
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