LDVideo: The sage of Twickenham returns

During the financial crisis and subsequent recession it was rare to go a weekend without Vince Cable making an appearance on our television screens to share his thoughts on the latest piece of economic news. Since entering government as the coalition’s business secretary, though, he has kept his wider economic analysis more-or-less to himself, concentrating instead on the important task of running his department.

However, yesterday Vince took part in a talk at the Guardian Open Weekend, in conversation with Observer columnist Will Hutton, where he shared his thoughts on the economic recovery, the future of the banking system and – perhaps most interestingly – on changing the focus of the Bank of England. Here are the highlights, courtesy of the Guardian:

* Nick Thornsby is a day editor at Lib Dem Voice.

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  • Bill le Breton 26th Mar '12 - 9:39am

    Geoffrey, this is actually an historic interview. He was asked directly whether he favoured NGDP tagetting and he said, “For it” and then commented that the economic logic for it was ‘impessable’.
    He is now the first cabinet minister in favour. Next Clegg? Next Alexander and Next Davey? This needs to be a Lib Dem campaign.
    Of course the issue now is what that target should be.

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