Cost of Living - Shrinkflation is speeding up at an alarming rate

Genuinely think Brexit has contributed (I know this forum has some ultra righties who wont even consider this!) - but food imports have gone up tons due to us getting rid of frictionless trade, so they are trying to compensate by shrinkflation tactics to make it seem like not a lot has changed, but it has - sure the world price of foods gone up, but its doubly so in the UK as now we have to do tons of silly boarder checks and more red tape - ironically I remember the lying adverts in favour of Brexit saying it was about removing red tape when its done the opposite!! lol

Thanks again righty voters, life was amazing in the UK in 2012/2014 - gone downhill hugely since then with brexit n torys.......now it's directly affecting my snackin, even less keen !
 
Combat squirrel said:
Genuinely think Brexit has contributed (I know this forum has some ultra righties who wont even consider this!) - but food imports have gone up tons due to us getting rid of frictionless trade, so they are trying to compensate by shrinkflation tactics to make it seem like not a lot has changed, but it has - sure the world price of foods gone up, but its doubly so in the UK as now we have to do tons of silly boarder checks and more red tape - ironically I remember the lying adverts in favour of Brexit saying it was about removing red tape when its done the opposite!! lol

Thanks again righty voters, life was amazing in the UK in 2012/2014 - gone downhill hugely since then with brexit n torys.......now it's directly affecting my snackin, even less keen !
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Seems a bit silly to blame Brexit for obvious corporate greed.
 
The biggest issue with for me is the realisation that having to buy things more often means more garbage piles up and councils keep trying to push collection as far away as possible, it's starting to get rather ridiculous honestly.
 
Kelt said:
Better off buying and cooking gammon joints.

groceries.aldi.co.uk

Everyday Essentials Unsmoked Gammon Joint Typically 1kg

groceries.aldi.co.uk groceries.aldi.co.uk

A Kg for four quid, and good quality.

I buy the smoked variety when I can, but harder to find.
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Yeah I thought this might be the case. Why are the slices so expensive. I'll deff be buying the gammon joints now. And this way I can cut extra thick for a nice ham sandwich.
 
Uther said:
Steady on. It was certainly better than now but 'amazing' is a bit of a stretch.
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Compared to now it was amazing. My food shop cost 1/2 what it does now - hell my entire monthly bills were about half - fuel was cheaper & I could have the freedom to roam to any country in Europe for as long as I wanted, had human rights up there with European human rights, I could live and work in any of 27 countries without any hassle at all.........my income was proportionally way higher than it is now vs my living costs & thats with my income increasing way more than it was back then, the money just doesn't go anywhere now.

Oh I also had hope as well! Now the UK is going to have to implode before it gets better again because stupid people also have the right to vote.

So yeah, it was amazing, how I long for those days!

Side note, corporate profit was relatively sensible as well, not outrageous without limits as it is now - again, Brexit let the corp and torys off the leash without any checks & balances - who knew the House of Lords would be the last line of defence for the common man of the uk.

You know its bad when a bunch of rich old school tory white guys are the ones saying 'steady on now that human abuse in the uk is getting abit much' & are the ones talking way more common sense than what we have in gov now - i.e. tory/ukip/ultra right party

EDIT: Oh & back then you could phone an ambulance and chances are, one would turn up ! Oh and health care wasn't an underfunded lottery! - I needed an ambulance back in September, 3 hours later they phoned back and said there wasn't one, and just told me to cope - thanks torys! Do you mind funding the nhs properly now? stop back door selling it? they had 15 years now to sort it out and have done nothing, in fact only encouraged its destruction.

Shrinkflation on your food is one thing - shrinkflation on the NHS is life & death - but thats literally whats happening - torys want us all to do more with less until we reach this point where there is not enough to go around - yet still refuse to tax billionaires properly, who'd easily pay for the nhs 10x over and still be billionaires, not seeing the issue here - rich stay rich, NHS works as it should, why stop it.
 
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GIBURROWS said:
Seems a bit silly to blame Brexit for obvious corporate greed.
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They’re not the only ones, but the London School of Economics have done a fairly deep dive into this:

London School of Economics said:
  • Between December 2019 and March 2023 food prices rose by almost 25 percentage points. Our analysis suggests that in the absence of Brexit this figure would be 8 percentage points (30%) lower.
  • Between January 2022 and March 2023, the price of food products that were more exposed to Brexit (due to their reliance on imports from the EU before the referendum), increased by approximately 3.5 percentage points more than those that were not.
  • These changes were entirely driven by products with high non-tariff barriers. Food products which fall into this category, such as meat and cheese imported from the EU, have seen price increases in the region of 10 percentage points higher relative to similar products which were not exposed to Brexit since January 2021, when the trade and cooperation (TCA) agreement began.
  • The cost of Brexit to each household now stands at £250 when only considering the impacts on food since December 2019. This aggregates up to £6.95 billion overall for UK households.
  • The observed price increases of products more exposed to Brexit are not correlated with macro events which could be associated with inflationary pressures such as Covid lockdowns, or the Russian invasion of Ukraine. Furthermore, the fact that the results are driven entirely by products with high NTBs imported from the EU offers strong evidence that Brexit is the driving force behind these effects.
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It was always fairly obvious that erecting barriers to trade was going to contribute heavily to food inflation. If you make something more expensive to import, the cost is always going to get passed on to consumers at some point.

No one cares how anyone voted at this point, but let’s not stick our heads in the sand and pretend that it’s not had a whacking great impact on our standards of living.

The paper itself can be found here: https://cep.lse.ac.uk/pubs/download/brexit18.pdf
 
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GIBURROWS said:
Seems a bit silly to blame Brexit for obvious corporate greed.
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voted remain, could see this sponsored economic destruction a mile away.

Corps will do what is required to survive - an action as result of economic conditions.. and brexit seem to have all the common sense of peeing into the wind.
 
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