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The chocolate teapot 110

Posted on July 28, 2014 by

The UK Trident programme encompasses the development, procurement and operation of the current generation of British nuclear weapons, and the means to deliver them. It was announced in July 1980 and patrols began in December 1994. Its stated purpose is to provide “the minimum effective nuclear deterrent as the ultimate means to deter the most extreme threat”.

It has also been described by former Vulcan squadron commander (the UK’s original nuclear deterrent) and current vice-president of CND, Air Commodore Alastair Mackie, as Britain’s “stick-on hairy chest”.

choctea1

And yet other than “We should/shouldn’t get rid of it”, it’s rarely the subject of any serious debate or investigation. And as it’s the summer close season for politics, this seemed like a good time.

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The case of the missing billions 138

Posted on July 27, 2014 by

Readers of this site may remember the story published on the BBC earlier this week, where the figures for GDP per capita miraculously switched overnight from showing Scotland as a net contributor to the UK to implying that Scotland was a net recipient.

bbcstats

And after reviewing the data posted by the BBC, it appears that the export figures have also been massaged to imply that Scotland exports vastly less than it does in reality.

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The unlikeliest places 158

Posted on July 26, 2014 by

Investors Chronicle (part of the Financial Times group), 25 July 2014:

“In the 12 months since we recommended EnQuest (ENQ) as a speculative buy option, the share price of the North Sea independent has oscillated within a relatively narrow range (-11p/+16p) either side of the current share price of 132p. The relative stability (or stagnation) of the share price – depending on your point of view – is partly attributable to repeat production delays on the Alma/Galia project.

But oil from the 34m barrel development is now imminent, which will help to shore-up near-term sentiment, particularly if output is cranked-up in fairly short order. However, even beyond the immediate quest to bump-up EnQuest’s daily production volumes by another 13,000 barrels, the driller’s strategic focus on exploiting maturing assets and underdeveloped fields in the UK North Sea places it in an ideal position to benefit from likely regulatory reforms, and we recommend buying in anticipation.

We think that Westminster has been deliberately downplaying the potential of the UK Continental Shelf (UKCS) ahead of September’s referendum on Scottish independence.

The Department of Energy has certainly been far more subdued than it was at the time of the February publication of Sir Ian Wood’s preliminary findings on the future of offshore oil & gas in the UK.

According to the report, the UK economy could generate £200bn over the next 20 years through the recovery of only 3-4bn barrels of North Sea oil and gas. Many analysts believe that the potential is much greater.

(Our emphases.) We all suspected as much, of course. But the Investors Chronicle isn’t exactly a renowned fount of Scottish-nationalist propaganda – for 150 years it’s been making its living out of telling the City of London how to get richer. If you want to find out what the UK’s wealthy elite REALLY think about the North Sea’s prospects, you won’t find a much better indicator.

So if it’s telling its readers to dive in on oil companies which had a big DROP in profits last year (you know, the freak low year for oil tax receipts that the UK government just loves to use as the foundation for its theatrically gloomy analyses of an independent Scotland’s finances), it’s probably worth taking note.

The pensioner jackpot 336

Posted on July 09, 2014 by

We got an email from an alert reader today making an intriguing observation. We feel sure we must be missing something about it, but we can’t figure out what it is.

pensioners

Perhaps you can help.

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We’re confused about the rules again 134

Posted on July 07, 2014 by

Channel 4 has now aired its Dispatches programme about “intimidation”, in which a lot of grown adults from the cut-throat world of business whined about possible vague hints they may or may not have picked up that the Scottish Government would rather they kept quiet about independence.

The estimable Lallands Peat Worrier skewers the subject brilliantly here, so we shan’t detain ourselves further with the specifics – other than to passingly note that as Mandy Rhodes of Holyrood Magazine tweeted during the show, one of the alleged victims was so frightened and cowed into submission that he’s currently suing the Scottish Government at the European Court about something else entirely.

mandyswa

But there was something else that had us puzzled.

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When day doesn’t follow night 177

Posted on July 07, 2014 by

Most people only read one daily newspaper, if that. We, for our sins, read almost all of them, and if you do that you learn stuff that other people don’t know.

jocksteinbench

Firstly, you spot how many agency stories pop up in multiple papers, repeated almost or actually identical, word-for-word. (Though it can also be fascinating to see which paragraphs sometimes get left out.) And secondly, you find out how many stories aren’t the result of journalism, but of one paper’s hack reading something in another paper the day before, lifting the quotes and presenting it to readers as their own story.

(Occasionally they’ll deign to credit the original source, eg “such-and-such made the comments in the Guardian yesterday”, but more often they won’t bother, and will just write “said in an interview” or similar.)

And as with the agency pieces, it’s interesting to note which stories DON’T get stolen.

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Danny Alexander’s broken calculator 194

Posted on July 06, 2014 by

The thinktank Reform Scotland is no mouthpiece for the Yes campaign. Wikipedia notes that it’s “a sister organisation to the London-based right-wing, free market think tank Reform”, and in fact it’s closely involved with the forgotten “Devo Plus” campaign group created by politicians from the Unionist parties. Devo Plus itself is endorsed by “Better Together”, to the extent that BT celebrated DP’s birthday last year.

oilflames

So we were pretty interested when Reform Scotland board member Professor Sir Donald Mackay appeared in today’s Sunday Times rubbishing the UK government’s pessimistic projections for an independent Scotland’s oil revenues, and suggesting that in fact a more realistic figure was more than TWICE the one being claimed by the Office for Budget Responsibility.

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The four housemates 186

Posted on July 06, 2014 by

The two arguments heard most often from voters who are leaning towards No (that is, discounting the diehard BritNats who’d vote for the Union no matter what) are “we need more facts” and “we’d like Scotland to be independent but there wouldn’t be the money to pay for it and we don’t want to have higher taxes”.

eclecbill

The first of those is a red herring, successfully propagated by the No campaign with the willing assistance of the media in order to create doubt and fear. There are, by definition, no such things as “facts” about the future. Nobody knows what’s going to happen tomorrow, regardless of whether Scotland votes Yes or No.

The next Westminster election, for example, could easily see the UK vote to leave the European Union by 2017, a change which would beyond question be far more dramatic and disastrous than any plausible outcome of  Scottish independence.

The second argument, though, we can do something about.

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Today’s news in numbers 172

Posted on July 04, 2014 by

Later this morning the Queen will launch a vessel named after herself at the Rosyth naval dockyards. Earlier, the First Sea Lord, Admiral Sir George Zambellas, appeared on the BBC News channel dripping in gold braid and medals to revel in the delivery of his shiny new toy, or at least the hull of it.

(Rather crassly Sir George claimed that it was being given the name of not just the current monarch but “both our Queen Elizabeths”, even though Scotland has only ever had one Queen Elizabeth and the ship itself tactfully avoids adding a “II” on the end.)

In what was an all-round virtuoso display of foot-shooting, the esteemed Admiral was also keen to point out just how few jobs would be supported by HMS Big Grey Floating Car Park – which won’t actually carry any fighter jets until 2020 – noting that “this ship only has 600 people aboard… that is a fraction of previous vessels of this size”.

And that got us to thinking.

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Glass full of holes 69

Posted on July 01, 2014 by

There’s some very strange counting going on in the Times today. Firstly the paper carries a story about a survey of potential shale gas deposits in the central belt, and arrives at a very gloomy conclusion (“Modest deposits shake hope of shale bonanza”):

“Scotland has a modest amount of shale gas and oil reserves but far less than are believed to be in the north of England, a new report has revealed.

The official British Geological Survey (BGS) analysis estimates that there are six billion barrels of oil and 80 trillion cubic feet (tcf) of shale gas across the central belt of Scotland which includes Glasgow and Edinburgh.

The potential shale gas reserves are a fraction of what scientists have said are in the Bowland area of northern England where it is estimated that 1,300tcf of gas exists beneath the ground. The UK already uses 3 tcf of gas every year.”

Hold on a minute. We’re not fans of fracking, but 80 trillion cubic feet? If the UK uses 3 tcf of gas a year, presumably Scotland, with 8.4% of the population, uses roughly 0.25 tcf a year. 80 tcf into 0.25 tcf suggests that the shale gas thought to be in the central belt would cover Scotland’s use for 320 years, which seems quite a lot.

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Turning the screw 99

Posted on July 01, 2014 by

From yesterday’s Evening Express:

“Out of work Scots had their benefits sanctioned on almost 900,000 occasions last year, a new report has claimed.

A total of 898,000 sanctions were applied to claims for jobseeker’s allowance (JSA) and employment support allowance (ESA) during 2013, according to Citizens Advice Scotland (CAS), with 871,000 of the penalties being applied to claims for JSA.

One man in the east of Scotland had his benefits reduced to about £11 a week after sanctions were applied when he failed to attend an interview with a work programme, despite producing a doctor’s certificate to say he had been diagnosed with terminal cancer and was not fit to travel, the report stated. “

It’s probably appropriate to remember at this point that Labour have promised to be even tougher on welfare than the current coalition should they be elected in 2015. But there’s something very alarming about those stats.

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Let them eat contempt 148

Posted on July 01, 2014 by

There’s a strange phenomenon at the heart of Scottish politics, and it runs far deeper than the independence referendum. It’s summed up pretty well in this image.

kwiles1a

The picture and the comment alongside come from the Facebook page of Labour’s newest Parliamentary candidate, Kathy Wiles. They were made more than two months ago, so you’d imagine that any selection committee worth even a quarter of a damn would have checked her out enough to have a look at her social-media accounts and see if she might have said – or be likely to say in future – anything stupid.

But the thing is, we’re sure they did. Because as far as Scottish Labour as concerned, calling “most” of the voters of the most popular party in the country a bunch of workshy scroungers only interested in claiming benefits isn’t even a gaffe. It’s pretty much the official policy position.

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