UK Politics

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Eurozone inflation falls to 5.5% in sharp contrast to UK (www.theguardian.com)

submitted 1 year ago by ToastedYoyo@lemmy.fmhy.ml to c/uk_politics

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Snapshot of Eurozone inflation falls to 5.5% in sharp contrast to UK. Economists put reason for divergence down to Brexit and Britain’s energy price guarantee.

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[–] G4Z 5 points 1 year ago (53 children)

No, the disruption to supply chains from covid and brexit have driven investment decisions to grow more in the UK and to use tech to replace low skill labour that wasn’t possible with FOM providing serfs to grub about in the dirt. Cheap labour is a barrier to tech. Modern slavery is a big issue in farming

I agree, modern slavery is an issue as is paying these workers too little these are really domestic problems though which we still have thanks to the government farm worker visa scheme importing them from the RoW anyway. Germany and Finland both have FoM and they have 2 of the top vertical farm companies (one of them even has a project in Bedford apparently. So I don't really see how they can do it in the EU, and somehow we couldn't?

The CAP was designed to deliver cheap food during conflict, it’s failed at the first real test.

It was designed to ensure food security and nobody has gone hungry so that's not really true is it.

The CAP takes the largest slice of the EU budget and the ‘modern’ farming it encourages have destroyed biodiversity and soil

Natural resources including CAP,, CFP and any other rural and environmental measures so that's not really true either is it? Also, even if you do include all that, it comes second to Growth projects (38% vs 47.01%)

Policy to fix this has failed miserably to the tune of our entire net contribution to the budget of 66b

Hasn;t Brexit already cost more than our total contributions over 47 years? We were close to that according to Forbes 3 years ago.

https://www.forbes.com/sites/niallmccarthy/2020/01/21/brexit-costs-close-to-matching-britains-total-eu-contributions-infographic/

So we've spent multiple times more than EU contributions would have been for the last few years to fix nothing, and stimulate an industry that is apparently already thriving within the EU.

Doesn't sound like a Brexit benefit to me, it's just loss after loss.

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