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Sunday, 30 October 2011

Of Credit Easing, SMEs And New Regulatory Models

Growth in Lending
Source: Bank of England
Good news that the Treasury is exploring the potential for using the London Stock Exchange's "Order book for Retail Bonds" or "ORB" as a platform for issuing bonds in small and medium sized businesses as a tactic in the government's credit easing strategy. But let's hope this is part of a wider solution that creates a broad 'safe harbour' for a range of instruments and platforms, rather than a nice cosy exclusive for the LSE and its member firms.

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