Is it good news?

Yup we all see it at times, we are offered an apple, all whilst it is not, it could be an apple and some will say it is an apple, but the judges are our whether it is fruit at all. I get it, there are some speculations on a few items in the pond, but how did we get there?

BAE Tempest

These are a few of the thoughts I got when I was confronted with ‘RAF Tempest jet will ‘add £1bn to East of England economy’’ yesterday. You see, I am happy for the RAF, I really am, but when we look at the news, we get to see “A project to develop the RAF’s new fighter jet will bring at least £1.1bn of added value to the East of England economy”, as such we need to consider that in one place we see “added value”, that is not really the same is it? Adding to the economy and added value to the economy are not the same thing, should you wonder, ask the grocer, the baker and the milkman in the east of England, they will wonder as well, because if it actually boosts the economy, their business will get better, added value does not, it infers that change, but it will not.

Then we get to “PricewaterhouseCoopers’ (PwC) report said the project would support a minimum of 22,000 “job years” in the region”, 22,000 if supporting work until at least 2035 will imply 1466 job years per year. Yet it is all speculation. It is a big deal, but it would have ben better if we would have gotten “PricewaterhouseCoopers’ (PwC) report said the project would support a minimum of 22,000 “job years” up till 2045 at present expectations in the region”, this would give us a timeline with the expected setting of 880 jobs a year at present, but for some reason PwC was intentional vague here, so hw much jobs are saved and how much workforce are the people behind all this trying to import? 

So why does it matter?

It matters when you are considering “Leonardo UK already employs 1,000 people at its site in Capability Green in Luton researching and manufacturing advanced electronics for combat aircraft such as the RAF’s Typhoon fighter jet. Missiles expert MBDA has a workforce of about 3,000 in Stevenage and both firms said they were looking to increase the size of their local workforces”, it matters that one side gives us that there is expected space for for 880 jobs, all whilst the Typhoon is winding down and there we see 4,000 employed people, we do get that there is a mention of ‘they were looking to increase the size of their local workforces’, yet is that accounting for “The aircraft is being designed to include technology to provide pilotless flying”? It is a side that the Typhoon never had and we get that, but where will that part come from in the Tempest? So when you look at the stage, there is something off in ‘the project would support a minimum of 22,000 “job years” in the region’, as such, especially as that part took 15 seconds for MY brain to work out, I wonder what the BBC writer was thinking, who was also unmentioned in the article, I wonder why? 

So is it good news, or is it orchestrated bad news? The issue is that this was screaming from the moment I saw it and the BBC is not setting a stage with follow up questions? I would have thought that the Martin Bashir case was a rude awakening for the BBC, but no, I was wrong, this article shows that deception is still at the core of a few people, especially when the identity of the writer is missing. The Tempest could be good news on a few fronts, but in all this, it seems important to give out ALL the relevant information on matters that affect the people in the East of England, and it matters, as far as I am concerned, it will inflict levels of insecurity, especially when some of the parameters that make for the “job years” would have been added. 

What will happen in the East of England? Apparently, we will have to accept that time will tell, whether that telling is a good thing or an increasingly negative one has yet to be determined.


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Filed under Finance, Military, Politics

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