Aim and Credit Crisis

governance standards: The credit crisis also rocked the market – in 2007, there were almost 1,700 companies listed on Aim, but within six years, that had fallen by almost 700, according to The Independent. Scandals over lax governance standards have also threatened to deal a killer blow. The collapse of Aim after the bursting of the technology bubble in 2000, for example, looked potentially fatal. However, Aim has discovered a new lease of life in recent years. Investors now benefit from tax perks including the right to hold their shares in tax-free individual savings accounts. The credit crisis also did the market a favour: as policymakers pondered how to get support to businesses deprived of funding by the banks’ withdrawal from the debt market, they alighted on Aim. (news.financializer.com). As reported in the news.