Four headlines missing from Reporting Scotland:
- Scottish growth ‘outpacing UK as a whole’
- Scottish growth three times UK level
- ‘Foreign Direct Investment in Scotland at ‘unprecedented’ levels
- 8% of the population, nearly 9% of the exports but only 5.25% of the imports
In detail:
Scottish growth ‘outpacing UK as a whole’
First from the BBC Scotland website on 11th June, but not broadcast to TV audience
‘Research by Royal Bank of Scotland indicates the Scottish economy is growing faster than the UK as a whole. The bank’s PMI report for May records the fastest pace of growth in Scotland’s private sector since July 2017. It also found the sharpest expansion in order book volumes for 46 months.’
https://www.bbc.co.uk/news/uk-scotland-scotland-business-44436783
Scottish growth three times UK level
Second, from the Fraser of Allander Institute, on June 11th, but missed by its usual pals at BBC Scotland:
‘Slightly later than usual, here are our monthly nowcasts of the Scottish economy, covering the first two quarters of 2018. Our model suggests that GVA growth in 2018 Q1 was 0.29%, or at an annual rate 1.18% and GVA growth in 2018 Q2 is 0.29%, or at an annual rate 1.16%. By way of comparison, UK GDP growth in Q1 was only 0.1%.’
https://fraserofallander.org/scottish-economy/latest-nowcasts-of-the-scottish-economy/
When the news is less good, BBC Scotland, rarely miss Fraser of Allander reports. At the end of March 2018, they reported happily on the SNP government’s strategies:
‘Clutter’ of strategies stifling Scotland’s growth, say economists
https://www.bbc.co.uk/news/uk-scotland-scotland-politics-43559165
‘Foreign Direct Investment in Scotland at ‘unprecedented’ levels
Third, on June 11th, they missed this from Insider magazine:
Figures from accountancy group EY show the country is maintaining its attractiveness among foreign investors, even though other European countries are narrowing the gap with the UK. Scotland attracted a new record of Foreign Direct Investment (FDI) for the third year in a row in 2017 and set a new 10-year high, according to new figures from accountancy group EY. The country experienced a 7 per cent increase in the number of projects it secured last year, taking the total up to 116. This rate of growth was higher than the UK as a whole at 6 per cent, and thus Scotland’s share of UK FDI rose to 9.6 per cent in 2017, above the historical average of 9.3 per cent.’
https://www.insider.co.uk/news/ey-foreign-direct-investment-scotland-12669006
8% of the population, nearly 9% of the exports but only 5.25% of the imports
And, fourth, from me, they missed:
8% of the population, nearly 9% of the exports but only 5.25% of the imports
https://www.uktradeinfo.com/Statistics/RTS/Pages/default.aspx
I’m hurt. Surely, they’re following me?
So, overall, a masterly demonstration of bias by omission.
Yet:
UK economy shows greatest signs of stress since 2012
https://www.theguardian.com/business/2018/jun/12/uk-economy-shows-greatest-signs-of-stress-since-2012
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