Today
The BCC is mentioned in City AM as an organisation that the British Bankers’ Association would like to regularly consult with about bank lending to businesses.
Yesterday
Steve Hughes’ Daily Mail comment article on the UK’s economic prospects can be viewed here.
Last Week
The BCC was quoted on BBC News and Sky News online following last week’s manufacturing output figures.
Top Story
Fears for the UK’s economic recovery grow as new RICs survey shows a fall in house prices. FT, pg. 1. Tele, pg. 1. The Times, pg. 1.
Key Stories
Lending taskforce aims to end stand-off between the major banks and small business. FT, pg. 3. City AM, pg. 3.
BCC View: Bank lending is a crucial issue for SMEs, and getting the existing concerns resolved quickly is essential. With that in mind, the BCC would welcome the opportunity to represent business members’ views on this new taskforce.
Energy minister, Chris Huhne, says the UK will have a new generation of nuclear power plants within eight years. Mail, pg. 4.
More News
Retail sales growth slows in July as the World Cup boost wanes. Tele, pg. B5.
UBS believes bank lending to UK businesses has shrunk by £30 billion in the last 12 months. Tele, pg. B1.
Bank of England to overhaul its forecasting models having failed to predict the recession. Tele, pg. B1.
Private firms will be hired to help cut the number of benefit frauds, David Cameron will announce today. Tele, pg. 1.
Senior City figures will join a new independent team set up by the Chancellor, which will think ‘innovatively’ about options for cutting public spending. FT, pg. 3.
Universities are ‘full’ and turning away a record number of students with A levels, according to Guardian poll. Page, pg. 1.
Pensions experts warn against the Government’s plans to link private sector pensions to CPI rather than RPI. Times, pg. 29.
Legal challenge lodged by a home builder over the Government’s abrupt decision to scrap regional planning strategies. Times, pg. 35.
Treasury dismisses proposal for the EU to directly tax member states. Guardian, pg. 2. Mail, pg. 2.
BP oil spill costs are higher than expected. Tele, pg. B1.
Skype looks to float on the Nasdaq. FT, pg. 1. Tele, pg. B3. Times, pg. 29.
News Corp to sell Chinese television channels admitting defeat in their battle against tough state controls. FT, pg. 1.
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