The ASC Blog

A better Idea for Quantitative Easing

Published 12/04/2012 00:00:00

I am sure you read in the news that the Bank of England is throwing in another £50 billion into Quantitative Easing. Remember this is not money which goes to the economy this is money which goes to the banks so that the banks can sell government bonds back to the Bank of the England and can buy more government bonds from the treasury. I am sure it is good business for someone. I am also sure that it is not good business for small businesses and SMES because those funds simply do not reach that sector of the economy. Yet it is ever so important. A recent article by Richard Tyler in the Daily Telegraph outlined how important it is to give business grants to small businesses and how beneficial it is for the whole economy. So my suggestion is this: why not use the £50 billion and produce a direct grant system to small SMES – perhaps to buy more machinery or equipment to increase their productivity or to employ staff (in other words to link into anything which benefits the wider economy). I somehow feel that such an approach by the Bank of England would have a much bigger multiplier effect for the underlying economy.

I would love to receive your feedback.

Back to the blog

We focus on arranging finance for your business...
so you can focus on running your business

10 reasons to
work with ASC

Why ASC?

close ✖

Why ASC?

You already know that arranging business finance can be a tricky experience.

We appreciate that your time is precious. With our extensive knowledge of business finance available in today’s SME market we can approach the lending institutions that are right for your business finance needs. You will be saved from the frustration of endless form filling, repeated conversations with numerous lenders, and save you from having to provide each different lender stacks and stacks of information.

Our job is to remove the ever increasing number of hurdles that are put in your path, by arranging business finance or commercial finance for you in a time-saving and more efficient manner.

ASC have been established for over forty years and we have experienced more recessions and ups and downs in the economy then we care to remember. Due to our clear focus on independent businesses and entrepreneurs we have developed a track record which is envied by our competitors. You will deal directly with an experienced Director who has a strong commercial background and real experience enabling him or her to find the business finance which is just right for your business.

close ✖

The Ten Reasons

We work in the way which works best for you

Call Now on
020 7616 6628


Get a Quote