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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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Taking your ball away 252

Posted on July 27, 2014 by

We just caught a documentary on the BBC News channel presented by John Beattie and entitled “The Games People Play”, which seems to have been first aired on either Saturday or Tuesday (the BBC seems somewhat uncertain). Covering the link between sport and politics, for our money it’s one of the best things the state broadcaster has produced as part of its referendum programming, and we recommend it.

One rather depressing bit leapt out at us, though.

Sir Craig Reedie CBE, from Stirling, is former chairman of the British Olympic Committee and a current member of the International Olympic Committee. And when Beattie asked him about an independent Scotland’s entry into the 2016 Olympics in Rio, he gave an answer which readers may or may not find surprising, depending on their level of cynicism about “proud Scots”.

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Information minimalism 50

Posted on July 27, 2014 by

We know you’re not really very big on boring old politics while there are still reality TV “celebrities” alive and desperately punting their “leaked” sex tapes, Scottish Sun On Sunday, but we could probably do with just a little bit more to go on than this:

sunwealthy

Don’t you forget about me 280

Posted on July 26, 2014 by

indyrelephant

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.

A useful idiot 281

Posted on July 25, 2014 by

Alert readers will doubtless have noticed that a post yesterday was disrupted by a series of strident and increasingly ill-tempered comments by a particular user, themed around their insistence that a central bank is a prerequisite of EU membership, and therefore Scotland wouldn’t be eligible if it was using Sterling as its currency OUTSIDE of a formal currency union with the rUK.

In fairness, that’s an assertion that quite a few people have made during the debate, and the commenter – eventually, having been repeatedly challenged for evidence to back up his claim – managed to provide a couple of examples, in the form of the New Statesman’s George Eaton and the Telegraph’s Andrew Lilico.

owls

The problem, of course, was that those were just equally empty assertions which provided no evidence. So rather than argue the toss over interpretations of obtuse legalese, we thought we’d just go straight to the horse’s mouth, and we rang Graham Blyth, the Head of Office of the European Commission in Scotland.

Being such important people, we got straight through.

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The non-political Games 421

Posted on July 25, 2014 by

For at least a year now long-suffering newspaper readers have had to endure dire warnings from Unionist politicians about the dastardly Nats turning the Commonwealth Games into some sort of evil referendum propaganda campaign. (It was, of course, absolutely fine to continually invoke the “Olympic spirit” in 2012 and beyond as a reason Scots should vote to stay in the UK. That’s totally different.)

cwmail

Today’s UK edition of the Daily Mail (on the left above, and somewhat different to the Scottish edition on the right) carries a story that appears in several papers about the opening ceremony, in which it transpires that the Red Arrows were forbidden by the Ministry of Defence from creating only blue-and-white vapour trails over Celtic Park.

But even after just one day, it’s far from the only example of the No campaign’s politicisation of the Friendly Games.

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Box office gold 216

Posted on July 24, 2014 by

We suspect this isn’t one of the ones Mr Darling gets paid £10,000 for.

standing

Still, only putting out 12 seats is one way to guarantee a “standing room only” crowd.

Infrequently Asked Questions 580

Posted on July 24, 2014 by

The Wee Blue Book is extremely close to finished now, readers. We’re just buffing the corners. But we thought you might like to get a head start on one bit of it.

qs

As well as trying to answer all the reasonable and sensible questions that undecided or No voters might have of the Yes side, the book will encourage them to ask a few tricky ones of their No representatives too, because we’ve been waiting two-and-a-half years for the media to do it with no luck.

But as you’ve been so awesome at writing to your MPs and MSPs before, enabling us to (for example) shed some cruelly harsh light on the full shambolic incoherence of Labour’s devolution plans, it seemed only fair that you got to have a go first.

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Commonwealth Games begin 355

Posted on July 23, 2014 by

Scotland enjoys the opening ceremony.

orange

The BBC, home of the facts 387

Posted on July 23, 2014 by

There’s an article on the BBC website today with the self-explanatory title of “Scottish independence: How would the UK fare without Scotland?”

bbcfacts

On the left is what it said yesterday (that losing Scotland would be bad for the UK). On the right is what it says today (that losing Scotland would be good for the UK).

Does anyone know what calamity befell Scotland’s economy overnight?

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Another proud Scot 81

Posted on July 23, 2014 by

Can be seen in today’s Scotsman – ironically in a comment located below a story headlined “Independence: Salmond pledges politics-free Games”.

proud

Below it is a torrent of anti-SNP abuse, including the suggestion that Alex Salmond should be dropped out of a helicopter without a parachute. We’re sure, of course, that the No campaign will rush to condemn these remarks by another of Blair McDougall’s Brit Boys, and that the media – which scours the most obscure websites and Twitter accounts for comments to whip up a “cybernats” storm about – will have a double-page spread on it tomorrow.

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