Tag Archives: vince cable

Vince: Exit from Brexit very much on the cards

Lord Kerr, who wrote Article 50, has said many times that it is revocable. We could get out of Brexit if we wanted. People are resigned to it because they don’t know that we could get out of it. So spread the news far and wide whenever you see it.

He’s reportedly making a speech tomorrow in which he emphasises that point. Vince Cable had this to say:

The author of article 50 revealing that the process can be revoked is a significant development.

There is no longer any refuge for brexiteers who argue that this whole process can’t be revoked.

The possibility of an

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Vince: Lib Dems want a fair deal for young people

Two weeks ahead of the Budget, tomorrow Vince gets his retaliation in first. Of course, as a former business secretary and the man who predicted the financial crash, he has a whole load of economic credibility. In comparison, when the Chancellor delivers his speech on 22 November, he’s going to look pretty amateurish compared to Vince.

He will outline the major challenges facing Phillip Hammond in  light of the expected downgrades in Britain’s projected future growth, the threat posed by Brexit to any attempt to fix our economy, and what needs to be done in the budget to begin to solve these problems. He will include the Liberal Democrat long-term vision for the economy. And I’ll be very surprised if the Paradise Papers didn’t get a mention.

He will emphasise the need for a Government with economic competence and how important it is to have a fair deal for young people.

I’m kind of hoping that the main speech is slightly less heavy than the extracts released tonight.  It will definitely be a credible, authoritative speech and not a wild oration, though.

 

The Liberal Democrat focus is on freeing up capital spending to build the homes and infrastructure the country needs; on reviving the NHS with a targeted injection of cash; and on giving a leg up to young people with an endowment in the form of a learning account as they begin their working lives.

To do all this, we need a Government which prioritises economic competence over political dogma.

A ‘no deal’ Brexit hangs over forecasts. An environment of radical uncertainty is already spooking business investment and depressing growth in government revenue.

Neither the ‘no deal’ Brexit extremism of the Conservative Party nor the ‘socialism in one country’ dreamed of by Labour will deliver a successful economy.

He will look at solving the inequality facing young people in more detail:

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Vince’s email to party members: Lib Dems will work across parties to stamp out sexual harassment

As the Sunday papers are published this morning, there are yet more disturbing stories about sexual harassment in Westminster, in Holyrood, and in politics more widely.

Harassment of this kind is absolutely unacceptable under any circumstances, and Liberal Democrats will work across parties to stamp it out.

I want to see a political system in which everyone is represented, and political institutions – from Parliament down to every local authority – that reflect the society they serve. It is absolutely crucial to this ambition that everyone feels they are in a safe and professional environment when they get involved, stand for political …

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Vince: CBI survey shows small businesses losing confidence in Government over Brexit

Optimism amongst small and medium-sized manufacturing firms has fallen for the first time in over a year, according to the CBI’s latest quarterly survey published today.

Vince Cable, unsurprisingly, talked about the need for that exit from brexit referendum.

Small businesses in the manufacturing sector appear to be losing faith in the Government’s ability to negotiate a Brexit deal that serves their interests.

Lacking anything resembling a strategy, the Conservatives’ willingness to entertain the foolishness of no deal is killing business confidence by the day.

The promise that a weaker pound would boost manufacturing exports has largely failed to materialise; the same will almost certainly

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Cable: Comments from Goldman Sachs boss shows threat of Brexit to our financial sector

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Lloyd Blankfein, CEO of Goldman Sachs Group Inc, is turning out to be a bell-weather of the London banking community regarding Brexit. He doesn’t tweet very often, but when he does, his tweets cause quite a kerfuffle.

Recently he made interesting comments about Frankfurt:

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A vision for Vince

Our nation is at a crossroads, if we take the wrong path we could fall off the cliff. Britain lacks strong leadership, there is no clear vision and there is certainly no plan. Our country is confused, our people are perplexed and our neighbours think we are crazy.

And above all our governments have consistently neglected the prosperity of our people, the millions who everyday are struggling with unnecessary financial hardship; Promises have been made but there has been no follow through. We have been sold austerity as inevitable when prosperity is possible.

Politics for the privileged is no longer acceptable, the people want change, they told us that with the referendum vote, they told us that with the 2017 election. While the Liberal Democrats did not do nearly as well as we would like, we undoubtedly have  appealing values and policies but we just did not communicate the message clearly.

Our party has a huge opportunity but a very short window to make a big impact. The other two parties are in chaos, lacking strong leadership and direction. We must seize the chance, to make sure that more and more voters know what we stand for, and realise we offer the best way forward. For we are the party of common sense, of moderation but we are also a progressive party, with progressive fresh ideas, the radical centre, the real alternative.

We need a clear vision for our party, our country and its place in the world. Not with empty rhetoric but with real practical proposals that are inclusive and make a real difference to real people. A vision to unite our country, to create change, to move us forward with a clear direction, which will bring the opportunity of, shared prosperity for all.

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Lib Dems step up attack on Universal Credit

Liberal Democrats have played their part in making sure that the inadequacies of Universal Credit have been highlighted. In the debate on Wednesday,  Christine Jardine said:

We hear that, instead of it helping, as many as 1 million children could be pushed into poverty by 2020. That surely cannot be the legacy that my Conservative colleagues would want to leave for future generations. They surely cannot be content with what they are hearing in this Chamber from constituents and even their own Back Benchers: that families are facing rent arrears and the threat of losing their homes; that there is anxiety about missed payments; and that people are choosing between making those payments or feeding their families.

Citizens Advice Scotland has already seen more than 100,000 people, one in five of whom have waited more than six weeks for payments—and only 14 areas in Scotland have UC. We stand at an important crossroads: the Government have the opportunity to pause UC, address its many flaws and say to those coping with the cruel reality of this botched benefit reform, “We hear you. We recognise the problem and we will fix it.”

Stephen Lloyd caught Iain Duncan Smith out one of those economic with the truth moments:

Secondly, the right hon. Member for Chingford and Woodford Green (Mr Duncan Smith), a former Secretary of State, said that the Joseph Rowntree Foundation has supported universal credit. I was a bit surprised by that, so I did a quick check. The JRF actually said that it would support universal credit if it was properly funded—I just mentioned the £3 billion—and if payment and waiting times were reduced, which is exactly what many people have been saying today.

The media reports yesterday that the Government is ready to make changes on the amount of time people are waiting for money, but that isn’t the only problem with Universal Credit. It’s interesting that Labour now accepts the principles behind Universal Credit – that it should end the poverty trap. Until the Tories got a majority, that’s exactly what it would have done. There was enough money in there to ensure that people could move into work and not lose their benefits. Then May 2015 happened and George Osborne took billions out of the system.

So, our Work and Pensions Spokesperson Stephen Lloyd and Leader Vince Cable have written to the the Secretary of State for Work and Pensions to ask him to sort this out in the budget. They said:

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