I see fleets of trucks leaving the UK every day for the NL full of fruit and veg, grown in Lincolnshire. It's sent to cold stores in NL, a couple of days later, it is all shipped back again in Irish trucks (Hannon/Kelly European) and driven to cold stores in Dublin/Belfast. This is then distributed back to the UK for Lidl and Aldi.Remember though that during the pandemic there’s been huge amounts of capital left lying around. People and company’s became cash rich. Investments weren’t made, capital expenditure projects were delayed.
That’s 18 months of spending that never happened.
If you look at the U.K., Brexit increased those issues. Not in a a much as brexit is a bad thing, but business held off on investment decisions until they knew what was actually happening. Now we know what’s happening relating to brexit we’re seeing things move again.
Increased fuel prices normally indicate bad things are about to happen, however scratch the surface of that and you’ll find out increased fuel prices are due to different issues this time around.
Personally I think we’ll be able to spend our way out of any problems in the short term. But I think it’ll hit in a few years time.
I liken this time were in as a post war boom.
Despite the fact that EU subsidies are no longer there, they are still doing this. That's why your fruit and veg doesn't last long and that's why the prices are going up. They're trying to maintain the same practices without the same EU handouts, which is burning the consumer.