Tag Archives: stock exchange

Jenny Randerson: Wales should have its own stock exchange

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:

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

Recent Comments

  • Rosemary Runswick
    Hi Jana, I think your concerns are valid and I partially chose Ordoliberalism as something that might present a middle way between the Classical and Social Libe...
  • Alex Macfie
    "AI threatens to create mass unemployment as large companies try to replace people with machines." and then find they have to rehire many of the people they lai...
  • Jana
    Interesting, though I have concerns about the idea of the State having control of fiscal policy (and not monetary policy) but with the requirement of producing ...
  • Peter Martin
    @Jana, "Liberals do not believe it is the role of the state to give people jobs" Keynes was a Liberal and he always argued for full employment....
  • paul barker
    All the figures on Immigration are more than a Year out of date, there are figures which are only 6 Months behind but they are Projections. What we know from ...