The investigation into the program was carried out by BBC Scotland Director Ken MacQuarrie, who noted that the complex story had moved from commission to transmission in six days, an unusually short period for the BBC.

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And he noted that a former chief economist of the IMF, Ken Rogoff, had said only this week that he fully supported the coalition's plan.

BBC: UK GDP: Questions for Mr Osborne in Davos

Ken Morrison, editor and founder of online newsletter Morrison on the Markets, noted the speculative money managers cut about 10% of their long, while commercials essentially took the other side.

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