Incredible 64% fall in tenancies is based on incorrect data say embarrassed regulators, as they issue an apology.
The Bar Council and the Bar Standards Board (BSB) have just issued this statement admitting a major error in their newly-published Bar Barometer regarding tenancy numbers:
“The recently published Bar Barometer listed the number of new tenancies for 2011/12 as 194. This figure is incorrect. We are in the process of confirming the final figure, but current indications are that it will be more closely aligned with previous years. We are seeking to understand how this error occurred and are looking at related statistics which may require amendment as a result. We will issue a further update as soon as we can and apologise for this mistake.”