Congratulations to Christopher Coyle who graduated on Friday with a PhD from Queen's. Christopher is a product of the Queen's system, having studied Economics and Finance at BSc, MSc and PhD levels. He has also just joined the faculty at QUMS and QUCEH. Christopher's PhD looks at financial development and stability over the long run. He and I have a paper forthcoming in the Journal of Economic History, which looks at the role played by law and politics in the evolution of the UK corporate bond market from 1860 until 2000.