Sara Menai 11:55 a.m., December 27, 2022
While inflation is close to 11% in the United Kingdom, anger is swelling across the Channel.
If the war in Ukraine had direct consequences on the increase in prices, Brexit is also partly responsible for the situation.
A majority of Britons also consider that the country made the wrong choice by leaving the European Union.
Energy, food, transport... If all prices are soaring in France, it's even worse in Great Britain where inflation is close to 11%.
Across the Channel, nurses, postal workers and even railway workers are all on strike to demand wage increases.
In the background, Brexit seems to have played a role in the price increase.
Nearly two years after leaving the European Union, many Britons are measuring the painful consequences of this divorce.
£100bn in losses
With Brexit, foreign trade and foreign investment have become significantly more complicated in Great Britain.
By leaving the European Union trade agreements, the United Kingdom excluded itself from the market in which it traded the most.
A recent study by the European Reform Center estimated that in the second quarter of 2022 UK GDP was 5.5% lower than it would normally have been had the country remained in the EU, representing a loss net of 100 billion pounds sterling for the British economy, or nearly 114 billion euros in losses.
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The devaluation of the pound has pushed up the price of imports.
And it is now fueling galloping inflation that is flirting with 11%.
Inflation is the main cause of the current social tensions and despite repeated efforts by the Conservatives to tout the benefits of their Brexit, the British are not convinced.
According to a recent poll, less than a third of them now believe that the country has made the right choice by leaving the European Union.