Showing posts with label OECD. Show all posts
Showing posts with label OECD. Show all posts

Wednesday, 1 June 2016

EU-funded OECD base scare stories on the number of articles in the Times

The Organisation for Economic Co-operation and Development (OECD) have warned of "a large negative shock" when we leave the EU which could see GDP decrease 5% lower by 2030 compared to what it could have been if we stayed in the EU.

The Remainiacs and the media are pretending could means would and warning that the OECD says we're going to be 5% poorer when we leave the EU. They've already tried this trick with the Treasury's dodgy dossier which divided their predicted worst case decline in GDP by the number of households in the UK and then tried to pass that figure off as a predicted decline in household income.

But the OECD's report seems to be basing this on a continuing trend of declining investor confidence in economic policy based on articles published in the Times and Financial Times, both of which are still officially on the fence with regard to the referendum. This is a particularly narrow view to stake their reputation on when investor confidence is being driven down deliberately by Project Fear to influence public opinion whereas after the referendum the British government will be talking up our prospects to try and undo the damage they've done. It's hardly surprising that investors are getting jittery when the British government has been pushing out negative messages for months.

Entirely unrelated to the OECD's campaigning for Project Fear, the OECD has received £23,198,670 funding from the EU over the last nine years.

Thursday, 26 May 2016

He who pays the piper calls the tune

LobbyistEU Funding
Worldwide Fund for Nature (WWF)£34,780,648
Organisation for Economic Co-operation and Development (OECD)£23,198,670
Royal Society for the Protection of Birds (RSPB)£14,919,492
London School of Economics (LSE)£13,933,746
Friends of the Earth£13,006,209
PricewaterhouseCoopers (PwC)£12,392,039
Institute for Fiscal Studies (IFS)£5,624,925
Confederation of British Industry (CBI)£1,026,594
National Union of Students (NUS)£583,088
Trades Union Congress (TUC)£580,259
Standard & Poors (S&P)£566,362
General, Municipal & Boilermakers Union (GMB)£283,448
UNITE the Union£217,206
Unison£143,563
International Monetary Fund (IMF)£127,789
National Farmers Union (NFU)£101,723
Commercial Workers Union (CWU)£19,074
EU funding in the last nine years

Saturday, 30 April 2016

OECD cuts roaming charges in the EU

The EU have finally got around to implementing the OECD's recommendations for reforms to mobile phone roaming charges.

Mobile phone companies have been hiking their prices over the last couple of years to compensate for the £350m loss of income from roaming charges ahead of their abolition in 2017. Big cuts to roaming charges came into effect today, reducing roaming charges by about three quarters.

The OECD tasked regulators and industry bodies with finding ways to reduce or abolish roaming charges, one of which was the EU. Not that you'd know from the self-congratulation from our wise and benevolent masters in Brussels!