Explaining credit easing

Having had a few more discussions, I’m a bit clearer about the government’s plan to do credit easing. The full details of the scheme will be released on the 29th of November as part of the autumn statement. But I hear that the scheme is intended to be worth between the high billions and the low tens of billions and it will be aimed specifically at small and medium sized enterprises, although it could be extended to all companies and expanded up to somewhere in the region of £50bn if the credit markets were to seize up. 

I also understand that major supply side measures are being saved up for the autumn statement. It is worth remembering that, in private, Osborne has always made clear that it will be easier to maintain Lib Dem support for policies that put growth ahead of environmental or social considerations if they are announced as coalition policies and not at a Tory conference.