Today was a bad day for BBC economic reporters…for months they have cast doubt on the rising employment figures suggesting that there must be an underlying problem with the economy….and that employment rising is possibly a sign of something rotten at the heart of failing British industry.
Today they have had to eat a large portion of humble pie…..the growth figures seem to have shocked Stephanie Flanders so much that she was forced to report in a balanced and reasoned manner…not only that but Martha Kearney and Andrew Neal savaged Ed Balls over his lies….he looks increasingly untrustworthy and discredited.
What did Flanders admit? She had to admit that the figures showed that far from having been in the longest recession in 100 years the economy has been growing, slowly but steadily since Spring, by around 0.3pc.
That kind of explains why jobs are being created I would have thought. Something Flanders and Co could easily have discovered by going to any company taking on workers and asking why they were doing so. But she never did. The answer might have been inconvenient.
The jobs are real jobs and the economy is in long term growth…however slow….all of which undermines Labour….will we see that reflected in future BBC reporting or will Flanders revert to her usual none too subtle support for Plan B, Keynes and the dynamic duo of Balls and Miliband?
Bad day for the BBC. Bad week, bad fortnight too. Getting on for being a bad month.
Now with The Guardian being broke and the Mirror Group finally being called to account for their bit of phone hacking life seems pretty good.
Watching Ed Balls getting grilled by Brillo was a joy particluarly when Balls said Neil had followed the Conservative Party line…..
Desperate performance.
BBC-NUJ is very much opposed to any semblance of a policy of ‘economic nationalism’ as a part of an economic policy for Britain; instead, BBC-NUJ pushes for ‘globalisation’ in terms of both labour (mass immigration into the UK, as practised by a Labour Government for over a decade) and of capital /banks (especially approved when instigated by E.U.).
When a business man caller phoned in to Radio 5 this morning putting the case for more British ‘economic nationalism’ (including the British ownership retention of BAE), he was treated disdainfully.
Of course, Beeboids are less enthusiastic about ‘globalisation’ when their own livelihoods are threatened, as is the case with foreign private take-overs of parts of the BBC empire.
Yes but then when a lorry driver from Bristol came on to announce the figures were not representative of the true economic climate as he was well acquainted with the true woes over the length and breadth of the country due to sitting in his lorry looking at empty factories, he was treated as if he were a leading economic guru.
he must have been to the Walworth Industrial Estate or Portway Industrial Estate in Andover Hampshire, where there’s been empty factories for the past 10 years
Knowing the BBC, they’ll just “Blame it on the Boogie”!
The jobs are real jobs and the economy is in long term growth
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I think you’ve got a touch of the BBC about you.
Some is Olympics – we’ve the debts to pay off there
Most is, wait for it, Government spending.
Long term growth based on borrow and spend?
You are Stephanie and I claim my 10 pounds
Noted today that the “good news” about the economy is being conjoined with the “bad news” about the loss of jobs at Ford.
These two stories have been joined at the hip all day, lest anybody think that the Tories are anything but a useless version of Ed Balls and his “Plan B” for perpetual growth.
And no further showings of Balls being shown to be a liar on Andrew Neills show….cant` have Ed Balls and his partys historical competencies being shown up can we?
Two Eds Steph was still at it earlier this evening, trying to talk down the figures and remind us that we’re still in a mess. Anyone would think the BBC are disappointed the economy is slowly recovering.
They are. It kicks their legs away from underneath them.
‘Today was a bad day for BBC economic reporters’
Well, if it involved economics, that may explain why. Or reporting. Because skill or objective experience with these are not exactly their strong suit. Near a mandatory to be avoided in hiring chez Aunty.
‘Anyone would think the BBC are disappointed the economy is slowly recovering.’
If only Labour could get the BBC to advocate the next election ballot to be cast now by post before anything that might affect the desired result unfolds.
This seems the next big thing.
Exactly – I wouldn’t have said “she was forced to report in a balanced and reasoned manner” – as the first thing she said was “we have to check if these figures are real”.
No respect for Cable, but to be fair he mentioned last night on QT that whenever the figures are bad, the left and particularly the BBC accept them with no question. When the figures are positive, they don’t accept the figures and have to check them!!
underlying problem with the economy?, well there obviously is with the way these figures are collated
How many of these new “employed” have an employer? probably less than half, The rest are in taxpayer-backed training schemes, self-employment odd jobs? (like cleaning and decorating) and having now to file tax returns under the label of being self-employed, or now even unpaid jobs,
how many 1000s have been taken off of incapacity benefit are not in work, but not claiming benefits through the actions of ATOS?, how about the London,(Olympic) misleading factor? … so are these figures correct?
So already it has been revealed that those who have had benefits sanctioned are not included in the Claimant Count. Now it appears, that those on workfare are counted as employed by the Labour Force Survey, the other measure used to calculate unemployment,
so again i ask are these figures correct?
apart from the above, the large town where i live, literally there are no new jobs, the city i travel to 4 times a week no discernable difference, in fact i have never seen so many shops boarded up, charity shops etc. vacant notices on the large industrial estate i travel through everyday.
to me these appear to be new figures for somewhere else.
Noggin, name the large town you live in, let’s see if we can confirm you views.
What you see is not what you get. Yes the shops are all boarded up. What you dont see is the number of delivery vans zipping up and down the residential streets all day delivering internet purchases. The economy is thriving and shops are shutting. The problem is shops can’t compete on range or price. The system of distribution is changing, not “the economy”
4.50 pm on Radio 5 Drive programme; the reporter, Dominic, is interviewing the manager of a Swindon shopping centre and trying to suggest that, even with the good economic news today, his shopping centre must be struggling.
“No,” says the manager. “Footfall is up by 12% over last year, and sales are up 2.7 %.”
“So, things are generally flat.” summarises the reporter.
For this reporter good news is not acceptable, there must be a negative slant on everything.
You know U2? That’s the BBC’s fault that is. You know when you walk on the beach and a kind of rogue wave soaks your feet? That’s the BBC’s fault that is. You know oxygen? That’s the BBC’s fault that is. You know the United States of America? That’s the BBC’s fault that is. You know Fabian Barthez? That’s the BBC’s fault that is. You know when you walk down the road and the leaves crunch under your feet? That’s the BBC’s fault that is. You know when people put up wallpaper and paint over it after a couple of years? That’s the BBC’s fault that is. You know childbirth? That’s the BBC’s fault that is. You know gravel? That’s the BBC’s fault that is. You know when a cat rolls over on its back? That’s the BBC’s fault that is. You know everything that has ever happened, ever? That’s the BBC’s fault that is.
Do you feel better for getting that off your chest?
They’re coming out of the woodwork. Somebody must have put the word out.
Certainly a lot of question marks. I thought Chairman Patten said only the BBC could use tho… oh… hold on.
Did Savile get to you while you were in Broadmoor?
Some BBC employee having a bad trip.
Do you work at BBC Childrens tv department?
I’m getting bored with the new intake of Lefty Beeboids coming on this site.
They’ve always set themselves a very low target for intellectual debate, but they’re continually failing to achieve that now.
It does show how desperate they are.
You forgot to mention the Labour Party . A general rule of thumb is that the woes of Britain’s economy, the loss of our cultural identity, the overcrowding of our island home, the decline of our education system and much else is due directly to the unholy alliance of the Labour Party and the BBC.
Doublethinker, my sarcasm meter starting flashing when I read your post. But, to be fair, you are quite right in what you say.
I reckon the vultures are making up their new ID’s using some form of blue-sky thinking.
Welcome to the site! Must be a bit unsettling for you in an environment where no-one blames Thatcher or apartheid!!
Here where I work, we’ve taken on 5 staff to boost us to 80 members this year, the largest number of staff in the 20 year history of the company (no part time staff), we tightened our belts in 2008 to help the company and now we’re reaping the benefits, both the company and the staff, this years bonus was great and we all got above inflation pay rises to balance out the lack of a pay rise in 2008 and 2009.
A well managed company will always pull through recessions, thankfully I work for one.
‘A well managed company will always pull through’
Those ‘managed’ by market rate talents with access to unique funding, however…
Sres – get your bosses to do a bit of mentoring in the public sector.
Last year I worked for a small company, their turnover went from £3m up to £4m in 12 months. They employed one more person, but probably will need more soon.
Now I am working for a FTSE 50 company, they have growth of about 2% this year, some accounts have grown massively, but there has been some attrition, overall there is growth. I do think that the low interest rates can only help!