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Friday 1 August 2008

When is a "reduction" not a reduction?

The BBC are "reporting" that there has been a "Reduction in insolvency figures", well that's the headline. The detail shows something slightly different, whilst:
"Government figures have shown that the number of people declared insolvent in England and Wales fell slightly in the three months to June. The number of individual insolvencies stood at 24,553, which was 2% down compared with the previous three months and 8.3% below the same period in 2007."


Also:
"But company liquidations were up by 11.6% on previous quarter, to 3,560."


So individual insolvencies are down 2% on the previous three months and that is worth the headline "Reduction in insolvency figures", whilst company liquidations are up by nearly six times that amount and that is worth just one line.

The BBC, trying to prop up the record of their Labour friends.

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