Press standards board of finance (Pressbof)

Please note that this organisation operates independently of the Press Complaints Commission but is listed here to explain how the system works as a whole.

The Press Standards Board of Finance (Pressbof), modelled on the self-regulatory system established by the advertising industry in 1974, is charged with raising a levy on the newspaper and periodical industries to finance the Press Complaints Commission. This arrangement ensures secure financial support for the PCC, while its complete independence is at the same time guaranteed by a majority of lay members, and is a further sign of the industry's commitment to effective self-regulation.

The address of Pressbof is:

The Press Standards Board of Finance Ltd.
21 Lansdowne Crescent
Edinburgh EH12 5EH

Members:

Guy Black (Chairman)

Jim Raeburn OBE (Secretary & Treasurer)

Clive Milner
Managing Director, Times Newspapers Limited

Robin Burgess OBE
Chief Executive, CN Group Ltd.

David Newell
Director, The Newspaper Society

Nicholas Coleridge CBE
Managing Director, Conde Nast Publications (UK)