Credit Easing – why the Chancellor is right

On Monday, the Chancellor of the Exchequer made an extremely important speech about Britain’s economic future. In introducing the idea of ‘credit easing’, he recognised that the Government needs to do more to help small and medium businesses access the credit they need to grow. This is a point I have been making since July (see my previous blog posts here ), when I launched the Beyond the Banks consultation with NESTA. My latest article on the subject, available here , further explains why we need to explore alternatives to bank lending, as well as considering some of the policy challenges that lie ahead. I look forward to making further contributions to this debate over the coming weeks. Photo: speaking at a Party Conference fringe event about the need to offer greater funding options for small & medium businesses