Today
Steve Hughes was interviewed live on Sky News and debated the state of the economy with the TUC.
David Kern’s reaction to the Monetary Policy Committee’s decision to leave interest rates unchanged features in:
Financial Times
Daily Express
City AM
The British Chambers of Commerce’s reaction to news that external scrutiny of regulation will be beefed-up is featured in The Daily Telegraph. The Burdens Barometer is used to illustrate the increasing amount of red tape since 1998.
Yesterday
The BCC’s response to Government plans to reduce the burden of red tape on business featured on BBC News online.
David Kern’s comments following yesterday’s MPC interest rate decision was featured on BBC News online.
The BCC was mentioned on BBC Radio 4 having called for interest rates to remain low for an extended period.
Top Story
Interest rates were held at 0.5% and the quantitative easing programme left unchanged at £200bn following the MPC’s August meeting. FT, pg. 3.
BCC View: Given the precarious economic background, it is absolutely vital that the MPC maintains the current low level of interest rates until the second quarter of 2011 at the earliest.
Key Stories
New report from the regulatory policy committee (RPC) argues that too many regulations are poorly thought through by ministers. Telegraph, pg. B8. FT, pg. 2.
End of car scrappage scheme leads to first contraction in sales for over a year. FT, pg. 3.
More News...
Employers encouraged to win staff trust as the threat of autumn strikes loom. Tele, pg. B4.
Ministers too quick to try and raise pension age. Tele, pg. 2.
RBS back in profit and will defend itself over claims it is not lending to businesses. Telegraph and Tele, pg. B1.
Successful company bids to connect homes to offshore wind farms are named. Times, pg. 45.
Rio Tinto’s profits soar. Guardian, pg. 25.
Barclays warns over any attempt to break up the banks. FT, pg. 1.
BP cements leak in the Gulf as oil companies consider plan for future emergencies. Tele, pg. B2.
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