John,
Unfortunately everything cost more in the
UK. Whether it Automobiles, Sneakers, Jeans, CDs, computer games (hence
the different gane systems, DVD encoding, video systems for different parts of
the world) etc. etc. etc. It appears that the price you might pay in
the US in dollars in the price we would pay in the UK in pounds, desite
having an exchange rate of approximately $1.40 to £1. It's
interesting to note that this seems true even for large capital projects like
the construction of electricity generating plant. My understanding though is
that it is a European issue and not a UK issue as such.
I'm not an economist and don't know why, but everyone I know
who goes on Holiday to the US is astonished how much cheaper things are
there!
Regards
Julian
Ginniver
|