financial review

Unlike in a legal system the PCC operates at no cost to those who complain. Similarly, it is no burden on taxpayers - thanks to the significant financial commitment of the newspaper and magazine publishing industry to effective self regulation.

The Commission is funded by the Press Standards Board of Finance - or Pressbof - which is an independent body charged with collecting registration fees from across the entire industry.

Tabulated on this page are extracts from the PCC's accounts detailing the main areas of expenditure. The 1996 figures have been extracted from the Commission's statutory accounts. These statutory accounts in the format required by the Companies Act 1985 and including the auditor's report, which is unqualified, are lodged with the Registrar of Companies.