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Vince explains his ‘blue, white and pink’ remark

Vince Cable was on robust form this morning, being interviewed by John Humphrys on Radio 4’s Today programme. He commented on the Chancellor of the Exchequer’s statement that there is “light at the end of the tunnel” regarding the country’s deficit.

Vince acknowledged that the government is roughly in balance on its day-to-day spending. He said, however, that the government would be very foolish to assume that they have turned the corner and that there’s no need to worry about the country’s finances. He added that the government should take advantage of its low lending rate to invest in the economy.

Vince explained his speech in Southport yesterday. Humprhys focussed on this statement from Vince, referring to Brexit voters:

Too many were driven by nostalgia for a world where passports were blue, faces were white and the map was coloured imperial pink.

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