BCC and Accredited Chamber mentions in the national media - Lincolnshire Chamber of Commerce and Industry, UK

MEDIA MONITOR: Thursday 12^th August 2010

Today

The British Chambers of Commerce’s reaction to the Bank of England’s latest Inflation Report features in:

The Times

The Daily Express

Daily Star

Leeds, York and North Yorkshire Chamber is mentioned in The Daily Telegraph as an organisation promoting its vision for the local economy.

Yesterday

David Kern was interviewed live on BBC News and discussed the UK’s economic prospects following yesterday’s labour market figures and Inflation Report.

The BCC’s response to the Bank of England’s Inflation Report featured in the Guardian and on Sky News online.

David Kern’s comments following yesterday’s official labour market figures featured in the Telegraph online.

Today’s top story:

Bank Governor, Mervyn King, forecasts a “choppy recovery” as he cuts growth forecast and warns of “volatile inflation”. FT, pg. 1. Tele, pg B1. Guardian, pg 1. Indy, pg 2. BBC News.

BCC view: Comments from the Bank’s Governor confirm the difficult circumstances facing the UK economy in the year ahead, and reinforce the need for maintaining low interest rates. British business is still facing many challenges and any premature rise in interest rates could trigger a damaging economic setback.

Key articles on the Chamber Network’s policy priorities:

The number of young people trapped out of work for two years or more has jumped by nearly half over the past year. Tele, pg B5. Guardian, pgs 20 & 21.

BCC view: Overall, the labour market figures published yesterday were positive. However, the number of part-time workers rose to its highest level since records began, and the number of people unemployed for more than 12 months increased to a level not seen since 1997. It is also important to bear in mind that we have not yet seen the negative impact on jobs that will result from the tough measures announced in the Budget. The Government must do everything in its power to allow the private sector to create jobs and to offset the unavoidable cut-backs in the public sector.

More news...

Global markets suffer as concerns heighten over US and Chinese economies. Tele, pg B1.

Lord Davies heads to US buyout firm. Tele, pg B2.

The number of people working beyond 65 soars. Tele, pg 1.

Foreigners snap up four out of five new jobs. Tele, pg 4.

The Coalition stages its first party political press conference. Guardian, pg 7.                

Prudential cuts costs of AIA move. BBC News.

BAA to announce strike ballot result. BBC News.

Jack Straw backs David Miliband for Labour leadership. FT, pg. 2.

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