1st Edition

The Finance of British Industry, 1918-1976

By W.A. Thomas Copyright 1978
368 Pages
by Routledge

368 Pages
by Routledge

368 Pages
by Routledge

How has British industry financed itself in the past? With the current debate on industry's financial strategy, this study of the past sixty years is a particularly timely contribution to the discussions on the future financing of industry. This book gives, for the inter-war years, a detailed examination of the main sources of funds, covering long-term and short-term funding. It also traces... Read more

Introduction

PART ONE: The inter-war years

1. Some aspects of the demand for funds

2. The establishment of the domestic new issue market

3. The clearing banks and industry

4. Internal funds

5. The Macmillan and other gaps

PART TWO: The Post-war period

6. The capital market

7. Banks and industry

8. Internal finance

9. Trade credit, short-medium-term finance.

10. The public corporations

11. Sources and uses of funds 1952-76

Biography

W.A. Thomas