1. Exquisite Tweets from @ChrisGiles_

    PreoccupationsCollected by Preoccupations

    Revealing letter from @ONS telling losers from RPI scandal to bog off after my column (1/n)  ft.com/content/b71eab… via @FT

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    ChrisGiles_

    Chris Giles

    I'm not exagerating. ONS accepts the PIR is wrong - doesn't quibble with the facts (2/n)

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    Chris Giles

    But says it favours some people who gain from a wrong and too high RPI (3/n)

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    Chris Giles

    Of course, the ONS should not take distributional decisions. BUT DOING NOTHING IS A DISTRIBUTIONAL DECISION (4'/n)

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    Chris Giles

    The @ONS explicitly tells students and UK citizens (who lose), they do not matter. It cares about banks and final salary pensioners (5/n)

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    Chris Giles

    It is not the @ONS job to make distributional decisions. It's job is to produce accurate statistics. (6/n)

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    Chris Giles

    Literally the only statistic the law
    specifically requires the ONS to produce is the RPI (7/n) legislation.gov.uk/ukpga/2007/18/…

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    ChrisGiles_

    Chris Giles

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