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Why is Inflation Worse in the UK than the EU?

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While most of the world is struggling with higher than average inflation, the problem is particularly pronounced in the UK. So in this video, we discuss why inflation is so high in the UK compared to its European neighbours and whether Brexit is to blame.

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1 – https://www.bbc.co.uk/news/live/business-65551151
2 – https://www.reuters.com/markets/europe/why-is-uk-inflation-so-high-2023-04-19/
3 – https://commonslibrary.parliament.uk/research-briefings/cbp-9428/
4 – https://www.ice.com/products/27996665/Dutch-TTF-Natural-Gas-Futures/data?marketId=5564180&span=3
5 – https://www.bloomberg.com/news/articles/2023-04-19/surging-uk-prices-defy-efforts-by-sunak-boe-to-tame-inflation
6 – https://www.ft.com/content/2a6c0f49-612d-4466-a751-6cbd9555377d
7 – https://www.theguardian.com/business/2022/nov/17/bail-out-bust-energy-supplier-bulb-cost-taxpayers-65bn-octopus
8 – https://moneyweek.com/economy/uk-economy/604906/britains-broken-energy-markets
9 – https://www.economist.com/britain/britains-gas-market-is-broken/21804952
10 – https://twitter.com/RichardJMurphy/status/1564157652879523840
11 – https://www.theguardian.com/commentisfree/2023/feb/17/energy-sector-gas-shareholder-profits
12 – https://www.bloomberg.com/graphics/2023-uk-power-electricity-market-manipulating/
13 – https://www.ft.com/content/32917cc2-2363-4821-9042-dbbc52194ad4
14 – https://www.ft.com/content/b197e9e0-dd53-4d77-a84f-a94824100ed5
15 – https://www.ft.com/content/d4677b1e-66b0-43d5-afa2-5138bff633ac
16 – https://www.bloomberg.com/news/articles/2022-06-22/brexit-s-legacy-is-hotter-uk-inflation-risk-for-years-to-come
17 – https://www.ft.com/content/df88856d-d3c6-4f08-9d9a-e061c4497f6a
18 – https://www.bloomberg.com/news/articles/2022-06-22/brexit-s-legacy-is-hotter-uk-inflation-risk-for-years-to-come

00:00 Introduction
01:11 Global Inflation Comparisons
01:57 Why Is the UK’s Inflation So High?
06:37 The Brexit Factor

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29 Comments

29 Comments

  1. @JulianMael-us2bx

    January 2, 2024 at 5:16 am

    It surprises me why everybody gets really worked up about inflation and inflation data. Inflation has always existed, and people have been using investments to beat the inflation. The stock market return, for example, always beats inflation. I heard of someone who invested $121k last October, and has grown the portfolio by more than $400k. I need recommendations that can give me similar return.

  2. @hersdera

    January 2, 2024 at 5:16 am

    With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?

  3. @paulwild4330

    January 2, 2024 at 5:16 am

    Eu isn’t a country so U.K. cannot compare like for like. How’s France doing Greece compare those cuntries

  4. @kauanrodrigues207

    January 2, 2024 at 5:16 am

    embora eu achei que a saída do Reino Unido a União Europeia foi um enorme errado um tiro no pé eu acredito que talvez daqui a uns 5 anos vai voltar a crescer com força

  5. @constantinrascol

    January 2, 2024 at 5:16 am

    😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😅😅😅😅😅😅

  6. @javiermartingonzalez4759

    January 2, 2024 at 5:16 am

    SPAIN 1'9 Inflaction and whit the highest growth in the EU

  7. @parrish8386

    January 2, 2024 at 5:16 am

    I think we are too obsessed about the economy crashing. In the right sense, the economy never crashes. It just undergoes cycles, and almost always recovers. So I really don't care what the predictions are. I just want to grow my portfolio. I read that people are pulling in massive profits despite the downturn. Any tips on how they do it?

  8. @truxton1000

    January 2, 2024 at 5:16 am

    Absolutely nonsense, many EU countries got higher inflation than UK. Actually UK inflation is on par with average EU. If you can blame one reason in UK it will be the lack of investment in energy but this goes 15 years back so nothing to do with brexit.

  9. @Colin623

    January 2, 2024 at 5:16 am

    Government policies are one of the biggest factors regarding inflation under normal circumstances, very little to do with Brexit, that old chestnut is pathetic, Germany is in recession right now, is that because of Brexit ? NO, they are in the EU and the leading economy as well, yet in recession, so that expels all the nonsense about Brexit, This Tory government are useless……… being more socialist than the socialists ! Spend spend spend = higher taxes = low growth = less money in your pocket !

  10. @frankmorton1920

    January 2, 2024 at 5:16 am

    Becausse the BofE fked up!

  11. @shellylofgren

    January 2, 2024 at 5:16 am

    To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I’ve heard testimonies of people accruing over $550k during recessions

  12. @Ammo-Hoarder

    January 2, 2024 at 5:16 am

    You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about £250k which has been sitting duck since forever with zero to no gains.

  13. @katarinakrajna4911

    January 2, 2024 at 5:16 am

    😂😂😂

  14. @maxzoch9705

    January 2, 2024 at 5:16 am

    1:31 Greetings from Austria. Fun fact: We also have a disastrous conservative government!

  15. @matthewbaker6177

    January 2, 2024 at 5:16 am

    Price gouging. Simple as. The government does nothing to pressure business, because they are only interested in keeping their rich mates happy. Brexit didn't help. But the government could step in….other countries have governments that cap prices for essential goods. So much for the independence of the Uk after Brexit. The consumer always ends up paying for the endless and massive failures of the imbeciles running the country.

    Weak tory governments, only interested in personal wealth and power. Total disregard for the people. Typical conservatives.

  16. @sovietgergerd

    January 2, 2024 at 5:16 am

    Man it's almost as if the exclusive function and goal of Capitalism is to make profit above all else by any means necessary regardless of service quality or people harmed, who would have thought that?!

    Fight for Socialism, it's our only way to protect our futures

  17. @catherinelord6307

    January 2, 2024 at 5:16 am

    Thank you for keeping us updated. I feel for our country low in come. People are now suffering to survive. Inflation and recession increasing Daly and many families can't even enchance good cost of living anymore you helped me alot Ms Roseline Steve imagine investing $1,000 and receiving. $8,200 in less. than a week. 🇺🇲

  18. @badabing8884

    January 2, 2024 at 5:16 am

    So the Doubters, the Doomsters and Gloomsters were right. 😔

  19. @pmufc7

    January 2, 2024 at 5:16 am

    This is moronic, inflation is measured differently in every country, in reality it is much higher everywhere than the figures show, and I promise you it is higher in Germany than in the UK, every German I know is unhappy with the way things are going there

  20. @ThomasBoyd-df2iy

    January 2, 2024 at 5:16 am

    Has Art Bezrukavenko shock up British politics England London yes

  21. @ThomasBoyd-df2iy

    January 2, 2024 at 5:16 am

    Have restricted freedom information on Library computer Scotland yes Thomas.

  22. @ThomasBoyd-df2iy

    January 2, 2024 at 5:16 am

    Was Gathering information on me in Scotland yes Thomas he got nothing he on ropes Thomas in Scotland. My sister said he on ropes she told you truth. She all 650 MPs rattled they lose seats in UK general election 2024 yes Thomas good position for you British politics Thomas. Are you super rich Jack kelly yes English upper class.

  23. @ThomasBoyd-df2iy

    January 2, 2024 at 5:16 am

    My sister said play game politics in Britain and be smart she give good advice Thomas. Are working class threat in England yes Tories wipe out Thomas England 60% middle class they run it Britain Thomas.

  24. @ThomasBoyd-df2iy

    January 2, 2024 at 5:16 am

    Could Tories fix migration they someone like Art Bezrukavenko.

  25. @ThomasBoyd-df2iy

    January 2, 2024 at 5:16 am

    Is someone tech inside Scotland yes he what information on you Thomas. You British government from 1970 1979.

  26. @ThomasBoyd-df2iy

    January 2, 2024 at 5:16 am

    My sister said he on ropes in Scotland ignore him. What his salary £20000 per year Thomas.

  27. @ThomasBoyd-df2iy

    January 2, 2024 at 5:16 am

    You vote SNP Thomas yes do have reset tablets yes Art told you truth. Labour party do nothing is he on ropes yes Thomas.

  28. @ThomasBoyd-df2iy

    January 2, 2024 at 5:16 am

    Awesome. Excellent Channel. You stay with us Thomas. Yes. My mum vote Labour party she 86 born 1936.

  29. @montyriviera795

    January 2, 2024 at 5:16 am

    I'll tell u why. The bloody bank of England along with high prices load more shit on working people by INCREASING their mortgages and credit charges.
    Insane!! Do the banks pass this on to savers? Not much of it. We've got a system that fucking us over, sorry but that's it.

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1 – https://www.bbc.co.uk/news/uk-53882175
2 – https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/911267/School_Outbreaks_Analysis.pdf
3 – https://www.theguardian.com/world/2020/jul/13/german-study-covid-19-infection-rate-schools-saxony
4 – https://www.pasteur.fr/fr/file/35404/download
5 – https://www.pasteur.fr/fr/file/35404/download
6 – https://www.bbc.co.uk/news/uk-53875410
7 – https://www.bbc.co.uk/news/uk-53875410
8 – https://www.bbc.co.uk/news/uk-53875410
9 – https://www.thelancet.com/journals/lanchi/article/PIIS2352-4642(20)30105-X/fulltext
10 – https://www.bbc.co.uk/news/explainers-53053337
11 – https://www.thelancet.com/journals/lanchi/article/PIIS2352-4642(20)30105-X/fulltext
12 – https://www.thelancet.com/journals/lanchi/article/PIIS2352-4642(20)30105-X/fulltext
13 – https://www.thelancet.com/journals/lanchi/article/PIIS2352-4642(20)30105-X/fulltext
14 – https://cpag.org.uk/news-blogs/news-listings/impact-school-closures-children-living-poverty-wales
15 – https://www.wired.co.uk/article/coronavirus-children-schools-impact
16 – https://youngminds.org.uk/about-us/reports/coronavirus-impact-on-young-people-with-mental-health-needs/
17 – https://www.wired.co.uk/article/coronavirus-children-schools-impact

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SOURCES

Notes on Growth The Really Radical Policy in Labour’s Planning Rewrite
https://www.samdumitriu.com/p/the-really-radical-policy-in-labours

Gov UK NPPF
https://assets.publishing.service.gov.uk/media/6a8334c03bd75b81e2329ac4/National_Planning_Policy_Framework.pdf

Gov UK Full Steam Ahead to Fast Track More Homes Near Stations
https://www.gov.uk/government/news/full-steam-ahead-to-fast-track-more-homes-near-stations

The Guardian Loosening of Planning Rules in England to Allow More New Homes Near Stations
https://www.theguardian.com/politics/2026/aug/17/loosening-planning-rules-england-more-homes-train-stations-rayner

Local Government Association National Planning Policy Framework Response
https://www.local.gov.uk/about/news/national-planning-policy-framework-lga-response

Independent Minister Admits New Homes Could Be Built on Green Belt
https://www.independent.co.uk/news/uk/politics/green-belt-grey-housing-building-labour-trains-b3034056.html

House of Commons Library Overview of the Planning System (England)
https://commonslibrary.parliament.uk/research-briefings/cbp-10752/

Planoraks NPPF2026
https://www.planoraks.com/posts-1/nppf2026-welcome-to-the-future

Housing Today A Pretty Bold Swing – New NPPF
https://www.housingtoday.co.uk/news/a-pretty-bold-swing-new-nppf-ushers-in-an-era-of-permissive-nationally-led-planning-policy-but-could-be-scuppered-by-viability-crisis/5143747.article

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