MajorFubar said:
Different people moaning vs defending I reckon. Personally I feel rightly shafted when Stateside they pay eg $2000 for something and over here it's the same price with the currency symbol swapped for a £, but normally I'm happy to pay a good price for a good service / product.
Just remember US prices are usually BEFORE sales tax (VAT), because that varies from State to State and if youbuy from someone in a different State to your own, and they don't have any kind of pysical business presence in your State), you can avoid sales tax all together.
Here in Texas, the sales tax on electronics etc. is currently 8.25%, which is comparatively low, as the State makes most of its money from oil revenues. So a $1000 sticker price TV, for example, will actually cost you $1082.50. At the normal $1.56 ish to the Pund, $1000 is GBP641.02, and $1082.50 is GBP693.91.
In the UK, VAT is 20% (Thanks Brussels / Osbourne / Brown / .... back to 1973) so something that has a pre-VAT price of GBP 641.02 will cost the normal, non VAT registered, person GBP769.23, so the differences in the price the punter pays aren't that different.
The rest is just down to ecomonmies of scale, much lower business property taxes (rates) and rents in most of the US, which drive up the UK high street retailers' overheads immensely. Also, most US electronics purchases are on credit, so the retailers make a healthy part of their profits on credit charges, often actually selling the goods at close to their net costs.