Financial Report

 

 

The PCC's income comes from the raising of levies on press organisations. In order for the PCC to retain a suitable distance from the industry, this funding is organised by a third party, the Press Standards Board of Finance (PressBof).

Here are extracts from the Commission's accounts for 2008, the most recent year for which figures are available. They have been audited by Saffery Champness.

Item Expense £
Staff and Commissioners' costs 1,088,519
Accommodation, including insurance 154,472
Telephones and faxes 17,834
Newspapers and other publications 11,310
Office equipment and leases 34,519
Stationery, printing and sundry costs (inc. monitoring) 58,909
Postage 13,512
Lawyers 97,584
Audit and tax consultancy 49,445
Charter Commissioner / Charter Compliance Panel 41,641
Consultants 74,894
Design and Literature 45,317
PR/conferences/entertainment 90,823
Travel and subsistence 46,950
Website and IT costs 33,764
Depreciation 33,952
Bank Charges 1,278
Total 1,894,723
2010 Press Complaints Commission