Goodhart, Charles and Ashworth, Jonathan (2011) George Osborne’s proposed ‘credit easing’ measures must incentivise banks to increase their lending to small businesses: they are vital to the recovery of employment and the wider economy. British Politics and Policy at LSE (11 Nov 2011) Blog Entry.
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Chancellor George Osborne is set to announce “credit easing” measures in his Autumn Statement, aimed at getting banks to lend on more affordable terms and in greater volume to under-served segments of the economy. Charles Goodhart OBE FBA and Morgan Stanley’s Jonathan Ashworth believe ‘quasi-fiscal’ policies could provide a larger and more sustained boost to the economy, particularly when focused on small and medium-sized enterprises, historically a key driver of job creation.
|Item Type:||Website (Blog Entry)|
|Additional Information:||© 2011 The Author|
|Library of Congress subject classification:||H Social Sciences > HG Finance|
|Sets:||Collections > British Politics and Policy at LSE
Research centres and groups > Financial Markets Group (FMG)
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