Today
David Frost was interviewed on BBC Breakfast and discussed the Government’s plans to improve bank lending to small businesses.
David Frost was also interviewed on Radio 5 Live and outlined the current situation with lending to business.
The British Chambers of Commerce’s latest Monthly Business Survey features in:
Financial Times, pg. 3.
The Guardian
The Independent
Daily Express
The Times
The Scotsman
David Kern is quoted in the Daily Telegraph calling for interest rates to remain low.
Sunday
The North East Chamber of Commerce was quoted in The Observer talking about the effects of austerity measures on the region.
David Kern was quoted in the Morning Star calling for the Monetary Policy Committee to keep interest rates low.
Saturday
David Kern’s comment following the latest GDP estimate for the second quarter featured in:
The Daily Telegraph (front page)
The Daily Mail
Top Story
Tony Hayward set to depart BP. FT, pg. 1. Tele, pg. B1. Guardian, pg. 15. Times, pg. 1.
Key Stories
Vince Cable will today outline plans to increase lending to small business, which could include creating regional stock exchanges. FT, pg. 3. Tele, pg. 1. BBC.
BCC View: We welcome the focus Government is putting on this important issue. If the lending situation is to improve, attention must be paid to bank decision-making processes and on how to stoke business demand and confidence.
Firms want Government to focus limited public funding on productivity-boosting projects over the next 5 years. FT, pg. 3.
BCC View: Most businesses surveyed by the BCC believe the emergency Budget struck the right balance between spending cuts and tax rises. A majority of firms would now like the government to prioritise transport spending – especially in the autumn spending review. See the full survey results here.
More news
David Cameron seeks closer trade links with India. FT, pg. 2. Tele, pg. 1 & B4. Guardian, pg. 20. Times, pg. 12 & 13.
ITEM Club believes interest rates will have to stay low until 2014 in order to counter austerity measures. FT, pg. 4. Tele, pg. B2. Guardian, pg. 29.
Ed Miliband set to secure Unite vote in Labour leadership race. FT, pg. 2.
Virgin Active in talks with private equity firms about a possible sale of the gym chain. Guardian, pg. 29.
Write Comment