Facts Always Matter BBC And You Dont Have Any Official Facts Or Integrity.

It had to happen at some point in time. BBC finally goes nuclear in its attempts to destroy Brexit.

Watch as I demolish anti-Brexit BBC’s “Rejoiner Ros” programme, using official facts.

The BBC plumbs new depths of bias, in a dire broadcast and I am it reporting to Ofcom.

Below is a video posted by the BBC’s Ros Atkins yesterday. Its message is simple: Brexit is an economic disaster. So bad is this latest piece of anti-Brexit propaganda that I am reporting it to Ofcom as a serious breach of the BBC’s Charter and I urge all readers to do the same.

We MUST demand the programme be pulled, and that all involved in its making be censured.

We must further demand that the BBC should be made to run a second programme of equal or greater prominence, containing all the official facts we quote below. This second programme should also interview economists who are not from the pro-EU stable. These might include economists such as Julian Jessop, Andrew Lilico, Professor Patrick Minford, the Institute of Economic Affairs (IEA), and others.

This BBC programme clearly set out with an agenda to try to prove that Brexit is a disaster

  1. Only this side of the argument was presented

2. Only economic commentators who favoured the programme’s view were interviewed

3. The only figures presented were from organisations favouring the programme’s view

4. At no point was it suggested there might be opposing views

5. Nor was any official data presented which countered the BBC’s biased hypothesis

6. No comparisons were made with other countries — in particular, the EU

For months now I have been reporting on what is going on in other EU countries such as the EU's flagship country Germany. You can read every one of the reports on this site. and by following me on the site. My reports show what is going on.

Here is the Tweet put out by the BBC’s Mr Atkins yesterday

https://twitter.com/i/status/1585894753023000577

The anti-Brexit premise of this BBC programme was clear from the outset

Ros Atkins started with:

“Mr. Sunak wants to build the economy, but there’s no shortage of people who say that Brexit isn’t helping to do that.”

He then went into his first clip of an unnamed person on TV saying:

“Brexit is and was and will be a total disaster. Brexit is doing the economy real damage.”

Then a clip of an unidentified commentator…

“Brexit, as negotiated, is frankly a disaster.”

1. The OBR has shown itself to be consistently very poor at forecasting

In his one-sided programme, Mr Atkins makes much of the Office for Budget Responsibility’s forecasts. The OBR was set up by arch-Remainer George Osborne when he was Chancellor.

Here is Mr Atkins on the OBR

“The Office for Budget Responsibility is the official body that provides independent economic analysis. It’s concluded there’s been a 15% reduction in trade intensity as a result of Brexit.”

Ros Atkins, BBC

The OBR has consistently produced wildly inaccurate forecasts. Here is part of a summary I researched and published only two weeks ago.

The OBR’s forecasts versus the reality

1. Government borrowing

  • OBR borrowing forecast July 2022: £131.2bn LESS than forecast in Mar 2021
  • It’s even £48.3bn LESS than they forecast only in October last year
  • May 2022: £3,312,568 — a 24.7% increase since the EU Referendum

2. Tax revenues and Government spending

  • Tax revenues are £77bn MORE than the OBR forecast
  • In addition, the OBR overstated Government spending by £48.7bn

[Sources: OBR 21 July 2022 | Sir John Redwood MP ]

2. Facts are better than forecasts

Facts are facts and forecasts are unreliable. I could forecast that a BBC executive will have lost half his hair by 2035 and have put on an extra stone-and-a-half in weight. Or that Femi Oluwole becomes a Brexiteer in 2025, Who knows?

This is why I prefer to deal with facts. ALWAYS

3. The facts on international trade

On trade, Mr Atkins kicks off in typical Armageddon fashion.

“… this is the non partisan Institute for Fiscal Studies.”

“We’ve lost a large fraction of our trade with the European Union, including with high value professional services. Trade that’s making us poorer.” — IFS

Mr Atkins. W

Why didn’t you look at the officially reported data from organisations like the Office for National Statistics or HMRC — or even the EU Commission?

In HMRC’s latest release on international trade, they reported that UK goods exports hit their highest-ever level in the second quarter of this year.

MY summary of their report stated:-

”Brexit Britain’s total goods exports in the last quarter (Apr-Jun 2022) reached just under £100bn (£99.8bn). This is the highest level on record.”

Then, using the EU Commission’s own data released on 14 October 2022, I went on to show that

“Sales from the UK to the EU27 grew more than three and a half times as fast as the sales flowing in the other direction — in just one year.”

UK’s exports to EU continue to rocket, EU’s international trade balance continues to plummet

1. UK’s exports to the EU, Jan-Aug 2022

  • Jan-Aug 2021 : €90.7bn
  • Jan-Aug 2022 : €147.1bn
  • Increase this year : + 62.2%

[Source: EU Commission’s official statistics agency, 14 Oct 2022.]

“Now Lord Frost and many Brexiteers would say that Brexit is about much more than the economy. It was about sovereignty, about taking back control. But the economy was part of it.

This is Michael Gove in 2016.”

- Ros Atkins, BBC

“The truth is that if we vote to leave, we will be in an economically stronger position.”

– Michael Gove

Mr Atkins:

“That also hasn’t happened yet. Now no doubt resetting your trading relationship with the world takes time. There are already 71 new agreements with other countries, though most of them are direct copies of deals done when the UK was part of the EU. There are completely new deals with Japan, New Zealand and Australia. The Australia. Deal, for example, is estimated to increase the UK GDP by 0.08% by 2035. Then there’s India. The government said this week progress is being made, but there’s no sign of a deal with EU.”

- Ros Atkins, BBC

4. Business investment

Mr Atkins then moved on to investment in the economy. He got that wrong too.

“And if that’s trade next is business investment. It peaked in 2016, the year of the Brexit referendum. It’s never returned to that level.”

Yes, Mr Atkins, it has. If you don’t believe ME, perhaps you’ll believe the Office for National Statistics. In their latest report published on 30 Sept 2022 (“Business investment in the UK: April to June 2022”) they provided the figures.

The official index on GFCF investment (the measure also used by the OECD)

“UK business investment, chained volume measure, seasonally adjusted” (GFCF)

  • Q2 2016: 158
  • Q2 2022: 164 (+4%)

[Source: Latest ONS official data, released 30 Sept 2022.]

4.1 What is investment?

Here is the Paris-based OECD’s definition of investment. The OECD is an organisation regularly quoted by the BBC whenever it says something detrimental about Brexit.

“Definition of Investment (GFCF)

“Gross fixed capital formation (GFCF), also called “investment”, is defined as the acquisition of produced assets (including purchases of second-hand assets), including the production of such assets by producers for their own use, minus disposals. The relevant assets relate to assets that are intended for use in the production of other goods and services for a period of more than a year. The term “produced assets” means that only those assets that come into existence as a result of a production process are included. It, therefore, does not include, for example, the purchase of land and natural resources.”

5. Currency

Yes, Mr Atkins, the pound has fallen in value against the dollar since the Referendum, but it had been on a downward path long before that, as it was widely recognised to have been overvalued. Meanwhile, the dollar has strengthened and the euro has weakened. You could have included the drop in the value of the euro, but you didn’t.

Devaluation of the pound and euro against the dollar since the UK exited the transition period and left the EU (01 Jan 2021) compared with 27 Oct 2022 (Thursday)

  • Pound : -14.7%
  • Euro : -19.1%

The euro has actually fallen by more than the pound since the UK exited the Transition Period.

[Sources: Bank of England spot rates, ECB spot rates.]

6. Growth

“Put all of these factors together and this is the Office for Budget Responsibility’s conclusion. It forecasts that Brexit will reduce UK GDP by 4% over 15 years and when faced with questions about the economy ministers have pointed to international issues.”

- Ros Atkins, BBC

Once again Mr Atkins uses the wholly unreliable OBR as his guide, as well as using forecasts 15 years into the future. The OBR can’t even get its forecasts vaguely right from one year to the next. Instead, he could have reported the following facts.

United Kingdom — growth in GDP compared to the other G7 countries

1. IMF forecasts Brexit Britain to grow fastest this year (2022)

  1. UK GDP growth forecast 2022: 3.6%

2. Faster than any other G7 country

3. Faster than the “World average” 3.2%

4. Faster than the average of the group of “Advanced Economies” 2.4%

5. Faster than the group of “Other Advanced Economies” 2.8%

[Source: IMF World Economic Outlook, released Tues 11 Oct 2022.]

2. IMF shows Brexit Britain was the best-performing major economy last year (2021)

  1. UK GDP growth in 2021 7.4%

2. Faster than any other G7 country

3. Faster than the “World average” of 6.0%

4. Faster than the average of the group of “Advanced Economies” 5.2%

5. Faster than the group of “Other Advanced Economies” 5.3%

[Source: IMF World Economic Outlook, released Tues 11 Oct 2022.]

Official facts matter, It seems both the BBC and Mr Atkins do not believe in giving the public official facts. WHY? Well official facts destroy their narrative on Brexit, so they for want of a better word LIE

The BBC has a duty under its Charter to be impartial. The programme above fell so far short of these standards that I am making an official complaint to the BBC and to Ofcom. Annoyingly viewers are forced to complain to the BBC first, but I suggest using the ‘exceptional circumstances’ form from Ofcom. If readers wish to do the same they can do so here.

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Graham Lear

What is life without a little controversy in it? Quite boring and sterile would be my answer.