Tag Archives: department of business

The Independent View: Vince needs to consider his legacy

Plan A is looking shakier than ever. After a slow climb out of recession, growth is now stalling and unemployment rising again, the approach taken thus far – cutting the deficit, and waiting for a spontaneous boom in the private sector – feels ever more risky, both politically and for our pockets. Vince Cable, who has always looked uneasy with a “plan for growth” that involves little except sitting back with fingers crossed, must feel increasingly unnerved.

And he’s right to be worried. His credibility is on the line and his legacy at BIS is yet to be secured. Now is …

Posted in The Independent View | Also tagged , , , , , and | 21 Comments
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