Tag: the city

finance

What’s To Be Done About The Lilliputian London Stock Exchange?

CITY GRUMP In the decline of this, that, and the other on our little island, can be found the increasingly desperate case of our London-based equity markets, collectively known as the London Stock Exchange. As a participant in the junior of these, AIM (Alternative Investment Market), right from the start thirty years ago, I and others have watched it come down from some 1,200 companies … Continue reading What’s To Be Done About The Lilliputian London Stock Exchange?

countrysquiremagazine
economy

White Wednesday, Thirty Years On

BY ANDREW GIBSON Today, the 16th September, marks the thirtieth anniversary of the pound sterling’s suspension from the Exchange Rate Mechanism (ERM), an event that broke the credibility of the Major Government, emboldened the intellectual self-confidence of British Eurosceptics, and taught important lessons about the folly of large-scale state interventions in the economy. The episode also revealed John Major’s unattractive, low cunning. ERM membership was … Continue reading White Wednesday, Thirty Years On

countrysquiremagazine