Vince Cable Thumbnail The Liberal Democrats today attacked the Government’s latest bank bailout. Liberal Democrat Shadow Chancellor, Vince Cable, said that without a thorough review of all the assets that are being underwritten, ministers were effectively writing a blank cheque to the banks. Vince Cable said: "This is potentially another blank cheque for Britain's banks. "The Government...

Vince CableLib Dem Shadow Chancellor Vince Cable responds to the government statement on an ‘asset protection scheme’ for banks The Government's latest proposals for tackling the bank crisis are "absolutely dire", Liberal Democrat Shadow Chancellor Vince Cable has told Parliament. Speaking in response to the Chancellor's statement on the asset protection scheme for banks, Dr ...

Vince CableThe Chancellor should have cut income tax to make the tax system permamently fairer, say the Liberal Democrats Commenting on today's Pre-Budget Report, Liberal Democrat Shadow Chancellor, Vince Cable said: "The Government acknowledges that the UK tax system is inherently unfair, but then announces that it will hit those struggling to make ends meet with yet higher tax bills by incr...

In his speech to party conference in Bournemouth, Liberal Democrat Shadow Chancellor Vince Cable argues that government should do fewer things well, rather than many things badly, freeing up the resources to give tax cuts to ordinary people.

Vince CableSpeaking ahead of the Pre-Budget Report, Liberal Democrat Shadow Chancellor, Vince Cable said: "The Liberal Democrats welcome the Government's recognition that radical action is now needed, reflecting the dire and deteriorating position of the UK economy. But if the Government is going to borrow more money, this should be spent only on capital investment, not on short-term tax cuts...

Vince CableLiberal Democrat Shadow Chancellor Vince Cable today criticised Barclays for obtaining a court order banning The Guardian from publishing documents showing how the bank set up companies to avoid paying hundreds of millions of pounds in tax. He has offered to provide a witness statement to support the press in court. Liberal Democrat Leader Nick Clegg will later today meet with the Group...

Vince Cable is the public’s preferred choice for Chancellor, according to a poll by PoliticsHome. Of the general public polled, 31% chose Vince Cable above George Osborne, Alistair Darling, Ken Clarke, Peter Mandelson and Ed Balls. The poll also found that 79% of Liberal Democrat voters supported Vince Cable for the job, while Osborne and Darling received

Over at The Independent, Lib Dem shadow chancellor Vince Cable’s speech to the London Stock Exchange is excerpted: I stand here to outline the Liberal Democrat proposals for significant changes to the regulatory structure of the City and its future direction. These proposals build on ideas we set out over a year ago in our New

The Liberal Democrat Treasury spokesman is now the bookies' favourite to be the next Chancellor The Political Betting website is always worth a look and today it has a fascinating piece about the betting on Vince Cable to succeed Alastair Darling as Chancellor. The Betfair next chancellor market (something I must say I didn't know existed) now has him as favourite at 2.15/1. The site quo...

Vince CableThe controversial Pre-Budget Report (PBR) became the subject of an emergency debate in the House of Commons, as Liberal Democrat MPs called for a right to vote on the Chancellor’s proposals. Shadow Chancellor Vince Cable gave a comprehensive response to the PBR, criticising in particular the Government's optimistic growth figures and drastic cuts in future public spending. He...