27/07/2010 - Media Monitor

MEDIA MONITOR: Tuesday 27th July 2010

 

BCC and Accredited Chamber mentions in the national media

 

Today

 

David Frost’s comments on the consultation released yesterday by Business Secretary Vince Cable on boosting bank lending to businesses, feature in the Daily Telegraph (x 2).

 

Yesterday

 

David Frost was interviewed on BBC Breakfast and Radio 5 Live about bank lending to small businesses.

 

Today’s top story:

 

Tony Hayward lined up for a directorship at TNK-BP. FT, pg 1. Times, pg 31. Guardian. Tele pgs B4&5.

 

Key articles on the Chamber Network’s policy priorities:

 

Vince Cable threatens profits tax on institutions failing to offer credit. Tele, pg B2. Guardian, pg 22. Times, pg 37.

BCC view: It is vital that the right approach is taken when dealing with the access to finance question. The situation is much more complex than simply forcing banks to lend when demand among businesses is anaemic. As the recovery gathers pace, we expect demand to rise along with some of the concerns businesses have articulated about bank lending.

 

Chief executives see double-dip recession as biggest risk. Tele, pg B4.

 

More news...

 

Financial stability is the key in reform blueprint, says Treasury minister. FT, pg 3.

 

Business turns to Bank of England for funding. Tele.

 

Labour close in on Tories as voters fear new recession.  Guardian, pg 12.

 

Broadband providers delivering speeds below what they are advertising. Guardian, pg 23. BBC News.

 

Turkey must join EU, says Cameron. BBC News.

 

David Miliband just ahead in Labour leadership race. Guardian.