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 below), 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.
SamGyimah
2/2 And a growing company creating jobs. Meanwhile Eurozone is on the brink. Lesson is clear: Enterprise creates growth and prosperity.
2 hours ago
1/2 Facebook IPO is 2nd largest in US history. State of California benefits from tax windfall to reduce deficit
3 hours ago
@cathH62 thanks for the suggestion. Very good point.
3 hours ago
@GazWeetman You mean you should have spent your youth unleashing your inner Zuckerberg -:)
17 hours ago
Good meeting with regional head of Jobcentre plus. Encouraging signs on employment and looking forward to shadowing staff at their offices
18 hours ago
“@hblodget: Facebook pricing currently $38. (Cld still move). That's ~$105 billion http://t.co/kIhm936V” >> Unbelievable. Facebook is 8 yrs!
18 hours ago
RT @asentance: Good to see unemployment falling, despite negative GDP figures. Supports view UK economy not back in recession.
2.1 days ago
RT @TimMontgomerie: Unemployment DOWN 45,000 in Q1. British exports UP £50 billion last year. Doesn't seem like a double dip recession t ...
2.1 days ago
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