Tag Archives: stock exchange

Stephen Tall

Jenny Randerson: Wales should have its own stock exchange

By Stephen Tall | Sat 17th October 2009 - 2:45 pm

A story we didn’t get the chance to cover this week was Nick Clegg’s speech to the National Liberal Club in which he gave his personal backing to an idea being developed by Lib Dem shadow business secretary John Thurso – the potential for a system of localised stock markets across Britain:

Regional stock exchanges are one way of getting vital investment directly to small and medium-sized businesses. They could give local investors – many of whom are disillusioned with the City – an opportunity to see business grow and keep jobs in their communities.

“Too many are struggling and many viable start-ups just cannot secure the finance they need. We simply can’t rely on wheeler-dealing in London’s Square Mile to keep the country afloat. It’s high time we look at innovative ways to spread growth across the country.”

Well, the idea has found early and firm favour in Wales, where the party’s economic spoksesperson Jenny Randerson has declared her support for the idea:

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Posted in Wales | Also tagged , , and | 5 Comments
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Recent Comments

  • nigel hunter
    I would not be surprised if the 'NEETS' are steered into the construction industries.There are many jobs in the field from labourer to architect. The social sti...
  • Peter Davies
    Dilnot did not propose a tax but a subsidy. That's how he convinced so many people that such an amazingly unfair proposal was acceptable....
  • Ruth Bright
    Agreed - I think people support it because it's there....
  • Tristan Ward
    @Peter Martin and Jana I think I’m with Jana on this one. The real test of a satisfactory level of income/resources should surely be an amount, taking tax...
  • paul barker
    I have found the Rebirth & Expansion of The Far-Right extremely depressing. We need to admit to ourselves that We, the whole of The Liberal/Progressive/Femi...