5 ms·

The UK isn't thriving - 18% inflation, low salaries (except in the money laundering industry), bad and very expensive housing, no infrastructure investment, etc

The UK isn't thriving - 18% inflation, low salaries (except in the money laundering industry), bad and very expensive housing, no infrastructure investment, etc.

cromka 4y ago
> no infrastructure investment I think one could say anything about UK these days, but lack of infrastructure investment? Seriously? UK compared to the US, it's like 50 years of difference. And I'd argue it's still ahead of most of the old EU, too.
- throw0821374 4y ago
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  - ralphmelish 4y ago
    Get a license for what? I don't really understand the relationship between bureaucracy and buying a book... You can buy anything you like from anywhere in the world, pay your duty online, and have it delivered to your door. I did it a couple of times with DHL, Royal Mail, and never had any issues.
    - deleted 4y ago
      [deleted]
- zymhan 4y ago
  Indeed, as if the Elizabeth line hadn't just opened up this year! It took them a while, and tons of money, but they made it happen. Which is more than most of the US can say.
ralphmelish 4y ago
UK doesn't have 18% inflation, that is just a projection from Citigroup [0] (if gas prices continue to grow it will probably get there, like the rest of Europe). Inflation is at 10.1%. I'm not sure why you say 'low salaries'. Adjusted by cost of living, salaries are not that low [1]. Median (removes those salaries from 'money laundering industries') salary in London is almost £39.7k [2]. Adjust that by cost of living, and it is higher than median income in San Francisco or NYC [3]. Infrastructure is miles better than the US. Public transport, while expensive, works quite well. The US has virtually no public transport whatsoever. Housing and renting is expensive in every major city, it is not a problem exclusive to the UK. [0] https://www.theguardian.com/business/2022/aug/22/uk-inflation-will-hit-18-per-cent-in-early-2023-says-leading-bank-citi-gas-electricity https://www.theguardian.com/business/2022/aug/22/uk-inflatio... [1] https://neilkakkar.com/salary-calculator-by-city.html https://neilkakkar.com/salary-calculator-by-city.html [2] https://www.statista.com/statistics/416139/full-time-annual-salary-in-the-uk-by-region/ https://www.statista.com/statistics/416139/full-time-annual-... [3] https://www.census.gov/quickfacts/fact/table/sanfranciscocitycalifornia,newyorkcitynewyork/HSG010221 https://www.census.gov/quickfacts/fact/table/sanfranciscocit... Edit: format
- claudiawerner 4y ago
  It's really not a great point to use London, by far and wide the only and biggest exception the rest of the market in the UK, to compare salaries for tech workers. You can earn quite a lot more adjusted for conversion and taxes pretty much anywhere in the US if you compare to someone living outside London. And even then, London rents (never mind houses) are ridiculously expensive.
prvit 4y ago
>bad and very expensive housing Are you kidding? London has the highest quality apartment buildings in Europe. Well designed new builds with good services are abundant. This stuff hardly even exists in countries like France, Germany or Spain.

The UK isn't thriving - 18% inflation, low salaries (except in the money laundering industry), bad and very expensive housing, no infrastructure investment, etc.

cromka 4y ago

> no infrastructure investment I think one could say anything about UK these days, but lack of infrastructure investment? Seriously? UK compared to the US, it's like 50 years of difference. And I'd argue it's still ahead of most of the old EU, too.

throw0821374 4y ago
.
- ralphmelish 4y ago
  Get a license for what? I don't really understand the relationship between bureaucracy and buying a book... You can buy anything you like from anywhere in the world, pay your duty online, and have it delivered to your door. I did it a couple of times with DHL, Royal Mail, and never had any issues.
  - deleted 4y ago
    [deleted]
zymhan 4y ago
Indeed, as if the Elizabeth line hadn't just opened up this year! It took them a while, and tons of money, but they made it happen. Which is more than most of the US can say.

ralphmelish 4y ago

UK doesn't have 18% inflation, that is just a projection from Citigroup [0] (if gas prices continue to grow it will probably get there, like the rest of Europe). Inflation is at 10.1%. I'm not sure why you say 'low salaries'. Adjusted by cost of living, salaries are not that low [1]. Median (removes those salaries from 'money laundering industries') salary in London is almost £39.7k [2]. Adjust that by cost of living, and it is higher than median income in San Francisco or NYC [3]. Infrastructure is miles better than the US. Public transport, while expensive, works quite well. The US has virtually no public transport whatsoever. Housing and renting is expensive in every major city, it is not a problem exclusive to the UK. [0] https://www.theguardian.com/business/2022/aug/22/uk-inflation-will-hit-18-per-cent-in-early-2023-says-leading-bank-citi-gas-electricity https://www.theguardian.com/business/2022/aug/22/uk-inflatio... [1] https://neilkakkar.com/salary-calculator-by-city.html https://neilkakkar.com/salary-calculator-by-city.html [2] https://www.statista.com/statistics/416139/full-time-annual-salary-in-the-uk-by-region/ https://www.statista.com/statistics/416139/full-time-annual-... [3] https://www.census.gov/quickfacts/fact/table/sanfranciscocitycalifornia,newyorkcitynewyork/HSG010221 https://www.census.gov/quickfacts/fact/table/sanfranciscocit... Edit: format

claudiawerner 4y ago
It's really not a great point to use London, by far and wide the only and biggest exception the rest of the market in the UK, to compare salaries for tech workers. You can earn quite a lot more adjusted for conversion and taxes pretty much anywhere in the US if you compare to someone living outside London. And even then, London rents (never mind houses) are ridiculously expensive.

prvit 4y ago

>bad and very expensive housing Are you kidding? London has the highest quality apartment buildings in Europe. Well designed new builds with good services are abundant. This stuff hardly even exists in countries like France, Germany or Spain.