BCC and Accredited Chamber mentions in the national media

Home
News
BCC and Accredited Chamber mentions in the national media

MEDIA MONITOR: Wednesday 11^th August 2010

Today

The British Chambers of Commerce’s comments following yesterday’s positive trade figures feature in:

The Daily Telegraph

City AM

Financial Times (online)

Sky News online

Abigail Morris is quoted in the Financial Times commenting on the Government’s decision to launch a new consultation into the Right to Request Time to Train.

Today’s top story:

The US Federal Reserve starts ‘Quantitative Easing lite’ by buying longer-term Government debt. FT, pg, 1. Tele, pg. B1. BBC News.

Key articles on the Chamber Network’s policy priorities:

The Government is to review regulations on the Right to Request Time off to Train by launching a new consultation. FT, pg. 2.

BCC View: We strongly believe that the Time to Train regulations should be scrapped in their entirety. The process obligations they impose on smaller businesses are inappropriate, costly, and potentially confusing when they are combined with other legal obligations.

Exports rose four times faster than imports in June helping to narrow the UK’s official trade deficit. Tele, pg. B4. Times, pg 32.

BCC View: This is good news but there is no room for complacency. The UK is still running a large trade deficit and the challenges facing exporters are substantial.

More news...

Bank of England downgrades growth forecasts. BBC News.

Businesses that consume more than 6,000 megawatt hours of energy a year could face up to £45,000 in fines if they fail to register their energy use by September 30. Tele, pg. 1 & 4.

Short-time working schemes helped curb job losses and leaves companies well-placed to meet new orders, but it will mean recruitment is slower. FT, pg. 3.

Previous Government capped loan-guarantee scheme which was designed to encourage banks to lend. Tele, pg. B2.

Business travel helps Intercontinental Hotels back into profit. Tele, pg. B4.

Online banking hit by virus. Times, pg 3.

For more information, please contact the BCC press office on 020 7654 5813/5812.