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members? The same questions could easily be thrown in the direction of the other acronymheavy groups who dominate the airwaves, from the FSB to the IoD. Well, they'll need to figure out their purpose quick. There’'s a new player in town: The Jobs

Foundation, launched over the weekend. It has –perhaps appropriately for a group that will argue for the animal spirits of capitalism to be let loose –spotted a gap in the market: a campaign organisation not beholden to the strata of the business community from which it draws its members, but as a wider voice banging home the message loudly and repeatedly that the only way Britain will create the jobs and growth it needs is to encourage the creation and scaling of businesses.

The Jobs Foundation has some impressive names behind it.

Matthew Elliott has been the architect of a series of successful SW1 campaigns; Georgiana Bristol and Patrick Spencer, too, are serious people. The Jobs Foundation will provide a welcome electric shock to our national debate, not ‘speaking for business’ but having the

FLOWER POWER A pack of elite riders tear across a sunflower field during the eighth stage of the 100th edition of the Tour de France between Libourne and Limoges

argument about the very purpose of enterprise.

It will, at times, be an uphill battle. Polling suggests that the majority of Brits derive their views of the business community from our foremost entrepreneurs (think Karren Brady and Alan Sugar) and from their interactions with our biggest firms in rail, energy and water –and it’s certainly true that few of these are right now covering themselves in glory.

What The Other Papers Say This Morning

The Financial Times

US AND GERMANY RESIST PRESSURE TO ADVANCE UKRAINE’S NATO BID

The US and Germany are under intense pressure from other allies to show greater support for Ukraine’s eventual membership of Nato, just days before the group’s leaders meet in Lithuania.

The Times Bbc Suspends Presenter Following Explicit Photo Allegations

The BBC has announced a male member of staff has been suspended following allegations a presenter paid a teenager for sexual images. It said it first became aware of the allegations in May.

The Guardian Jeremy Hunt Reveals He Was Refused Monzo Bank Account

Jeremy Hunt was refused a bank account with Monzo last year, which the chancellor said was an example of the “barriers” faced by people wanting to work in public life.