Tag Archives: Evening Standard

“Inflation soars” OMG

Those broadsheets that wanted to “remain” are looking for every scrap of bad news following the Brexit vote. For many stories it seems fair enough, newspapers always have their own take on events. Surely though, it’s a step too far when the reporting of official statistics “facts” falls below a certain threshold of quality, deliberately. Such was some of the reporting of Tuesday’s inflation figures. More reporting of events (and less speculation), a bit of perspective (not focusing on the latest month’s figures) and looking at the detail of the release would be good.  Continue reading “Inflation soars” OMG

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“slashed” = “little changed”

According to the Evening Standard today, the Bank of England’s growth forecast has been slashed and the inflation forecast is little changed. The former has been cut by 0.3 percentage points in 2016 and the latter by 0.4 points. Umm. Surely if 0.3 is slashed, 0.4 can’t be little changed.  Continue reading “slashed” = “little changed”