This is a very curious tweet by the BBC.
To those who know financial sector this is a normal figure for registrations.
It doesn't mean what BBC language is implying.
Nobody expects the City to suddenly collapse - if it did the country would effectively be broke overnight.
To those who know financial sector this is a normal figure for registrations.
It doesn't mean what BBC language is implying.
Nobody expects the City to suddenly collapse - if it did the country would effectively be broke overnight.
https://twitter.com/BBCNews/status/1363921772719054853
2/
The intention of this @BBCNews tweet was to cloud/decieve rather than explain.
The use of phrase "'set to open UK offices'" implies in most peoples minds something other than is likely to be the case in all but a minority of cases.
Its almost disinformation.
The intention of this @BBCNews tweet was to cloud/decieve rather than explain.
The use of phrase "'set to open UK offices'" implies in most peoples minds something other than is likely to be the case in all but a minority of cases.
Its almost disinformation.
3/
By "opening up a 1 000 offices" could quite easily refer to a thousand companies registered to a single address.
In fact after losing several trillion worth of business to Amsterdam this BBC tweet attempts to hide this behind a dodgy stat that most people wont understand..
By "opening up a 1 000 offices" could quite easily refer to a thousand companies registered to a single address.
In fact after losing several trillion worth of business to Amsterdam this BBC tweet attempts to hide this behind a dodgy stat that most people wont understand..
4/
Im not saying its not actually true.
Its simply more helpful to talk abour foreign financial registrations.
Whats not happening is thousands of office workers being taken on in big shiny new offices.
Its a reporting trick.
Why the BBC does this - i'll let you decide.
Im not saying its not actually true.
Its simply more helpful to talk abour foreign financial registrations.
Whats not happening is thousands of office workers being taken on in big shiny new offices.
Its a reporting trick.
Why the BBC does this - i'll let you decide.
5/
Ive no problem with bovill bbigging up London - thats their job,
But its unclear why the BBC feels the need to act as communication promoter for a private consultant.
Its not news in any understood sense.
Its a copy & paste job from an industry's PR press release.
Ive no problem with bovill bbigging up London - thats their job,
But its unclear why the BBC feels the need to act as communication promoter for a private consultant.
Its not news in any understood sense.
Its a copy & paste job from an industry's PR press release.
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