As the Man Nearly Said, There Are Lies, Damned Lies...And Mince

Summary


WORRIED about the economy and looking for accurate, timely and reliable figures on how we are and where we're going? Then welcome to Scotland, land of statistical mince. I do not mean chopped beef, sirloin strips or crumbly stock cubes. I mean genuine, authentic, granulated mince.

Official statistics from St Andrew's House this week on latest (sic) developments in Scotland's economy showed a relatively benign headline figure of 2.1 per cent growth for the year to the end of the third quarter last year.

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Extract


As the Man Nearly Said, There Are Lies, Damned Lies...And Mince

Never mind that these were "lapped" by UK figures for the fourth quarter, or that they show Scotland's economy continuing to trail the UK over the same period (3.2 per cent growth overall). That 2.1 per cent figure conveyed a sense of stable, u...

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