Floated image to left of a ul is ignoring margin/padding

Question

I have a paragraph followed by an unordered list, with several list items. I also have an image floated to the left of that. The problem I am having is that the list item margin

Answer 1

Another option would be to shift the list to the right with relative positioning:

img+p+ul {
    position: relative;
    left: 1em;
    top: 0;
}