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A letter from Standard Life 48

Posted on March 13, 2014 by

To an alert Wings reader who contacted them last month. Emphasis ours.

“Dear [redacted]

Thank you for your email of 27 February 2014.

We are disappointed that our statement has caused you concern.

To clarify our position, Standard Life currently has no plans to relocate or transfer parts of our operations out of Scotland. What we have announced are precautionary measures to ensure we can provide continuity and protect the interests of our customers, wherever they live in the UK (and around the world), in the event of Scotland becoming independent.

We have no desire to move any aspect of our operations unless absolutely necessary. We have been based in Scotland for 189 years. We are proud of our Scottish heritage and believe that Scotland is a good place from which to run our business and compete around the world. We very much hope this can continue.

Standard Life is strictly non-political and will not seek to influence people on how they should vote. However, we have a duty and a responsibility to understand the implications of independence for our four million UK customers, our shareholders, our people and other stakeholders in our business. We will take whatever action is necessary to protect their interests.

Yours sincerely 

Gerry Grimstone
Chairman”

It’s not quite how the media’s painting it, it is?

Personalising the debate 118

Posted on March 11, 2014 by

We’ve just watched three hours of the Education and Culture Committee at Holyrood discussing the report on media bias by Professor John Robertson of the University of the West of Scotland, which featured the good professor himself and senior BBC Scotland executives including Ken McQuarrie and John Boothman.

mcquarrie3

The contrast between Prof. Robertson’s absolute frankness and candour – openly discussing his political views and his mild autism – and the BBC men’s evasion and obfuscation was quite something to behold. We’ll have some analysis this week.

One finding of Prof. Robertson’s report was that the anti-independence media (or for short, “the media”) had a strong tendency to personalise the Yes debate in the form of Alex Salmond, and a piece in today’s Scotsman provides us with a handy illustration.

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Please stop lying to us 128

Posted on March 11, 2014 by

This sort of thing just won’t do at all, STV.

Because that closing comment isn’t true, is it?

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The flexibility of speculation 77

Posted on March 10, 2014 by

If you work in the media, the great attraction of completely making up stories is that everyone’s forgotten about them a few days later, so you can make up a totally different, equally false version at a later date with impunity.

Alert readers may recall, for example, that last November much of the media decided to claim that Andy Murray was definitely a Unionist.

mirrormurray

So naive readers might imagine that when the Wimbledon and US Open winner came out at the weekend and said that in fact he WOULDN’T be publicly revealing his view on independence after all, that might be seen as a bit of a setback to the No camp.

We know better than that, of course.

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A mental exercise 116

Posted on March 09, 2014 by

We’ve commented before on the odd way that newspapers can reveal their bias in the way they phrase their reporting, rather than in the actual content of it, which can be entirely factually accurate. As we noted, a particular giveaway is the angle from which they view statistics, and especially opinion polls.

A poll showing 35% of people backing independence will almost always be reported as “ONLY a third back Yes”, whereas one with the exact same numbers for a different question might be presented as “OVER a third distrust Alex Salmond”. The proportion “one third” is in such a manner portrayed as being both a small and a large one, to suit whatever position the publication wishes to promote.

It’s in such a context that we invite readers to ponder today’s Mail On Sunday.

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An open letter to James Naughtie 157

Posted on March 08, 2014 by

This coming Thursday, March 13, former Chancellor of the Exchequer Alistair Darling will take part in an event at the Mitchell Library in Glasgow, where he will be put “under public scrutiny at the hands of James Naughtie”, the presenter of the BBC’s flagship daily radio news show Good Morning Scotland.

jimnaughtie1

Mr Naughtie, who was brought up from London to head BBC Scotland’s referendum coverage last year, has been frequently criticised by a former presenter of the same programme, Derek Bateman, for a failure to display an even-handed tone when questioning representatives of the Yes and No sides.

So we thought of an easy way for Mr Naughtie to put a stop to such allegations.

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Only certain answers required 100

Posted on March 08, 2014 by

Last weekend, Scotland on Sunday ran a major story entitled “Scottish independence: Pension funds seek answers”, the theme of which was self-evident.

“Pension funds will step up calls for clarity over the implications of independence this week as the industry’s leaders gather for a key conference in Edinburgh.

The National Association of Pension Funds (NAPF) has warned that more answers are needed if its members are able to make informed decisions ahead of September’s referendum.

‘I’m not sure we’re any further forward in getting answers to our questions,’ NAPF chief executive Joanne Segars told Scotland on Sunday. ‘It’s not for us or our members to tell people in Scotland how to vote but our members face a lot of issues around ­regulation, compensation schemes and scheme funding.’

‘But it is the funding of cross-border schemes that most urgently needs to be addressed‘, she added. Under European Union law, pension schemes with members both in Scotland and elsewhere in the UK would need to be fully funded at all times. In the November report, NAPF said such a regime would result in more final salary schemes closing.”

(Our emphasis.) Since then, of course, there have been some developments.

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What you didn’t read this week 147

Posted on March 06, 2014 by

Remember about ten months ago, when there was a great big five-alarm hoo-ha in the Scottish media about pensions, based on the EU law that pension schemes operating across national borders had to be fully-funded at all times, which we were told would cause all sorts of dreadful chaos if Scotland was independent?

timebomb

We ask because the Scottish media has now had two full days to pick up on a story which appeared on the website of The Actuary magazine this week, but oddly hasn’t.

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A slight change of emphasis 47

Posted on March 06, 2014 by

Here’s a story on the front page of the Guardian website.

guardfp1

Below is the headline you see when you actually click on the link.

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Mightier than the sword 87

Posted on March 06, 2014 by

As we noted last week, Eton- and Sandhurst-educated Sir Norman Arthur, figurehead of the No campaign’s latest high-powered grassroots fundraising drive, has a very impressive military record – Commanding Officer of the Royal Scots Dragoon Guards, Commander of the 7th Armoured Brigade, General Officer Commanding of the 3rd Armoured Division, General Officer Commanding of Scotland and mentioned in despatches during the Troubles in Northern Ireland in the 1970s.

nopopery

It’s just lucky the IRA didn’t have Twitter, or things might have been different.

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All your ducks in a row 160

Posted on March 05, 2014 by

We’ve been known to remark from time to time that “Better Together” often has a little trouble getting its scare stories straight. “You won’t be allowed into the EU!” somehow manages to co-exist with “You’ll have to join the Euro!”, while “You wouldn’t be able to bail out the banks!” runs right alongside “All the banks will leave!”

So we take our hats well and truly off to all concerned for helpfully jamming them all together into one big mad super-scare today.

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Pay your money, take your choice 83

Posted on March 02, 2014 by

This morning’s Scotland on Sunday:

devosos

Well, that seems clear.

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