Wednesday, July 10, 2013

Income Inequality at Lowest Since 1986

Today’s ONS figures show that the income gap between the richest and poorest is at its lowest level since 1986. The graph below shows the Gini coefficient for disposable income in 2011/12 was 32.3%, a fall from last year and lower than every year until the mid-eighties. For all Labour’s hand-wringing, ONS attribute this primarily to a drop in earnings for the at the top and an increase among the poorest fifth.

Also worth noting the growth in disposable income for rich and poor households since 1977:

ONS says the rich are not getting richer whilst the poor get poorer. This will undermine the rhetoric of many on the left. Fundamentally undermining Ed’s plan to fight the election arguing that while the economy might be growing, everyone is worse off.

Tuesday, July 2, 2013

Three Graphs That Skewer Europhile Myths

At the beginning of the last decade over 60% of Britain’s goods exports was to EU countries. Over the last twelve years that percentage has fallen to 50%, as our goods exports to the rest of the world has increased from under 40% to 50%.

What’s more, Britain’s trade deficit with the EU is far greater than its deficit with the rest of the world. The idea they wouldn’t trade with us if we leave is farcical.

Thirdly, Europe is becoming less important in world trade. In 1990 the EU was 27 per cent of world output. By 2016 it will be just 18 per cent of world output, a pretty significant fall.

Food for thought come Friday.

Via notourbiggestmarket.org

Friday, June 28, 2013

UKIP Voters Back Boris

The public don’t yet trust Boris to be PM, so says some pretty comprehensive polling released by Lord Ashcroft this morning. Only just over a third said he was capable of the running the country, while Tory voters overwhelmingly backed Dave. The UKIP results are arguably the most interesting. 35% of UKIP voters saying they would consider voting Tory if Boris were leader. Tory backbenchers must be wondering just how many would come home…

Thursday, June 27, 2013

Labour’s Favourite Think Tank Say Eds are Wrong

IPPR made a living out of producing pleasant reading for Labour, though even they couldn’t spin these figures in Ed’s favour. A YouGov poll commissioned by the Labour wonk-shop finds massive public opposition to the party’s position on welfare. 76% say the system is too soft on people who could work that don’t, with just 10% taking up Ed’s line backing those on benefits. Who is the type of person the public is most sympathetic to protecting? Pensioners, the very group that Balls has targeted for pension cuts if Labour win in 2015. With friends like these…

Wednesday, June 26, 2013

GRAPH: Cuts By Department

Pickles shows himself as the “model of lean government” with a 10% cut, alongside Grayling and Maude, while the Chancellor leads by example. Hammond and May get off lightly…

Friday, June 21, 2013

Osborne Borrowed More Last Year

Turns out government borrowing actually rose last year. Revised ONS figures show public sector borrowing for 2012-13 was £118.8 billion, up from £118.5 billion the year before. This week’s Speccie cover article gets to the point:

“When the Chancellor stands up to present his spending review next Wednesday it will be with the reputation of a crazed axeman. Much of the country, whether it thinks it a good thing or not, subscribes to the belief that George Osborne is shrinking the state year-on-year, slicing here, chopping there. In a recent poll 58 per cent of respondents agreed with the proposition that Osborne’s ‘austerity drive’ is ‘harming the economy’… Osborne is no mad axeman but a bodger blundering around with a blunt chisel.”

Osborne wants to portray himself as a responsible, sound money Chancellor making tough choices, streamlining an overbearing state and making government more efficient. The truth is borrowing, and as the graph below shows, spending is still going up:

The Treasury is pushing the fact that borrowing fell last month year-on-year, which is encouraging. But to say they are not doing enough is an understatement…

See also: Tale of Two Austerities

Wednesday, June 19, 2013

Cyber Wars: UKIP Trumping Tories

UKIP’s efforts to do battle online are clearly paying off. According to analysis done by UK General Election 2015, the party is gaining Twitter followers and Facebook likes at a considerably greater rate than its opponents, with the Tories in particular falling way short. By way of comparison, over the same period @GuidoFawkes gained some 7,000 followers and now has 109,745 followers – more than any UK political party. Social media campaigning will have a big part to play over the next two years, so these stats make interesting reading…

UPDATE: Just noticed that LetBritainDecide.org seems to redirect UKIP.org. Not to be confused with CCHQ’s LetBritainDecide.com, or rather it is…

Tuesday, June 18, 2013

GRAPH: Tories Will Lose If They Ditch Dave

Two weeks ago Dave’s key defence against Tory plotters, his relative popularity compared to the party, was wobbling. Today Peter Kellner has some figures that will have Downing Street breathing a collective sigh of relief. Ed is less popular than Labour, somehow Clegg is less popular than the LibDems, though Cameron is again preferred to his party. Kellner says this is the graph that shows the Tories will lose in 2015 if they ditch Dave…

Wednesday, June 12, 2013

Unemployment Stats in Full

  • Employment rate for those aged from 16 to 64 was 71.5%, down 0.1 percentage points from November 2012 to January 2013
  • up 0.7 percentage points from a year earlier.
  • 29.76 million people in employment aged 16 and over, up 24,000 from November 2012 to January 2013
  • up 432,000 from a year earlier.
  • unemployment rate was 7.8%, unchanged from November 2012 to January 2013
  • down 0.4 percentage points from a year earlier
  • 2.51 million unemployed people, down 5,000 from November 2012 to January 2013 and down 88,000 from a year earlier
  • number employed in public sector at lowest level since 2001 at 5.7million
  • number of people claiming jobseeker’s allowance last month fell by 8,600 to 1.51 million

That last number one for the Tories to cling on to…

Thursday, May 23, 2013

ABC Online Figures for Newspaper Websites

UK national newspaper website figures for the last month are out, with the Mail still well out a head. The percentage change is year on year.

-MailOnline: 7,833,182 (up 39%)

-Guardian.co.uk: 4,771,866 (up 23.1%)

-Telegraph.co.uk: 3,041,594 (up 29.8%)

-Mirror: 1,176,217 (up 78%)

-The Sun: 1,698,572 (up 11%)

-Independent: 1,131,150 (62.5%)

-Metro: 406,187 (38,5%)

For the sake of comparison Guido had 516,730 unique visitors in April (up 53%).

Despite the new pay-wall, the Telegraph is beginning to catch up with the freebie Guardian.


Seen Elsewhere

What Ruffley Standing Down Tells Us About Gove | James Forsyth
Tories Say They Could Sack Ruffley | Buzzfeed
Ruffley Supporter Provokes Outcry | HuffPo
Mirror Readies Pennies for Hacking Payouts | Media Guido
How to Win a Twitter Argument | Hopi Sen
Sign Petition Calling for Ruffley to Resign | Change.org
People’s PMQs Would Divide Politicians and Public | Dan Hodges
Morgan Hires Gay Rights Campaigner as SpAd | Telegraph
Don’t Underestimate Philip Hammond | Nick Wood
Labour Council Collaborates With Pro-Hamas Group | Breitbart
Qatar Sugar-Daddies of Islamist Financing | Left Foot Forward


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New Foreign Secretary Philip Hammond has big ambitions in his first meeting with Benjamin Netanyahu today:

“I came to bring this conflict to an end.”



Christie Malry @fcablog

Ed Miliband does photo oops, not photo ops


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