Richardr

“Not fully transparent”. In old money: “He lied” Not fully transparent doesn't necessarily mean he lied. It includes sins of omission. He may not have lied, but should have said something he didn't. (View Post)

You are quoting the numbers at current price - i.e. assuming that inflation is zero. You need to adjust for that - which the ONS does by calculating the GDP deflator as the relevant inflation rate. (View Post)

Only a bigger slice of GDP if the additional "healthcare Inflation" over and above general inflation exceeds growth [given we have had none of the latter in recent years we have the issue]. (View Post)

VAT isn't included in the accounts, the £30m is all corporation tax. The difference between the tax charge and 19% of profit is deferred tax, usually the effect accounting rules being different from … (View Post)

One of the issues as you touch on is Scotland. As Kelner's states, a 13% lead for Labour would give it just three seats in Scotland on Universal National Swing. Whether that is realistic depends on t… (View Post)