Tag Archives: vince cable

The Independent View: London – a magnet for talent

london by Harshil ShahVince Cable recently accused London of acting like a giant machine that sucks in all of the talent from the rest of the country. Our new report, Cities Outlook 2014, shows that London is indeed a magnet for young people from across the country. But the big question is: why does this happen, and what does it mean for policy?

First, let’s look at the key stats. Somewhat counterintuitively, overall London loses population to the rest of the country. But this is overwhelmingly to the Greater South …

Posted in The Independent View | Also tagged , and | 11 Comments

A longer read: Vince Cable on ‘Recovery and Beyond’

‘UK economy growing at fastest rate since 2007’ is the BBC headline this morning, following the release of the latest GDP figures showing 0.7% growth in the fourth quarter of 2013, bringing the annual growth rate to 1.9%.

Last night, Lib Dem business secretary Vince Cable delivered a major speech to the Royal Economic Society assessing the current state of the economy – and in particular how the current growth figures can be sustained in the long-term. There will be lots of glib sound-bites today from politicians and pundits trying to make the facts fit their outlook. As ever, …

Posted in News | Also tagged | 7 Comments

LibLink: Vince Cable: Baroness Shirley Williams, the Lib Dem peer who defined British public life

Over at the New Statesman, Vince Cable has been reviewing Mark Peel’s new biography of Shirley Williams.

He starts off by expressing annoyance at the conclusion – and quite rightly, too, given her major contribution to national and international life over 6 decades:

She is, of course, approachable, informal, engaging and whatever else “nice” means. But “niceness” is also a dismissive put down, as in William Hague’s comment in an Oxford Union debate (quoted as the punchline of the introduction): “In politics, Mrs Williams, it isn’t enough to be nice.” And it misses the essential point, that she is an extremely interesting

Posted in LibLink | Also tagged , and | 5 Comments

Coalition minister calls for minimum wage increase (that’s Vince, 4 months ago, in case you were wondering)

Here’s the Lib Dems’ Vince Cable on 14 September 2013:

vince min wage - sept 2013

And here’s the Tories’ George Osborne – four months later – on 10 January 2014:

Posted in News | Also tagged and | 3 Comments

Vince Cable nails Labour’s crass and inaccurate attacks on Lib Dems’ support for the minimum wage

Sometimes you’ll hear Labour folk claim, with absolute certainty, that the Lib Dems opposed the introduction of the minimum wage in 1998. They’re wrong, as a glance at the voting record shows not a single Lib Dem MP voted against and 26 voted in favour.

Today Labour’s shadow secretary of state for Work and Pensions, Rachel Reeves, upped the ante, demanding to know:

where was the Secretary of State for Business, Innovation and Skills, the right hon. Member for Twickenham (Vince Cable)? He was nowhere to be seen in the debates. He was nowhere to be seen on the voting record. On Second Reading and Third Reading, he failed to vote. Apparently, he abstained because he had reservations about a minimum wage. Perhaps he will stand up today to profess his concern for the plight of the low-paid.

Vince didn’t respond directly immediately. But he did respond:

Posted in News and Parliament | Also tagged , and | 21 Comments

Vince Cable raises fine for failing to pay minimum wage to £20,000 per worker

We’ve known for some time that the Coalition has been intending to raise the penalty on rogue employers who don’t pay the National Minimum Wage. What we didn’t know is that Vince Cable is actually making the proposed £20,000 fine payable for every single worker who doesn’t receive the legal amount.

Vince is quoted in today’s Guardian:

Anyone entitled to the national minimum wage should receive it. Paying anything less than this is unacceptable, illegal and will be punished by law. So we are bringing in tougher financial penalties to crack down on those who do not play by the rules.

Posted in News | Also tagged | 6 Comments

Opinion: Vince is wrong about London

One of the oddest statements made by a Lib Dem in 2013 was surely Vince Cable saying that London was “draining the life out of the rest of the country”’.

Odd not just because Vince is MP for a London constituency but because he was so clearly wrong – far from draining the life out of the rest of the UK, London is a huge contributor. The most obvious way is financially: London subsidises other parts of the UK which would have higher taxes or less public spending without the benefits of the London

Posted in Op-eds | Also tagged and | 47 Comments

Opinion: 2014 – What’s next?

Steve Richards suggests Nick Clegg, as a pluralist in the Blair tradition and as a sincere and patriotic person, will be open to an agreement with either the Tories or Labour if a balanced Parliament results in 2015.

Clegg is a pluralist, a pragmatic, a believer in good management as good politics and as such sincerely believes that Liberal Democrats in Government are beneficial to the county’s future.

Posted in Op-eds | Also tagged | 30 Comments

‘Help to Buy’: 61% of Lib Dem members oppose Government’s cheap mortgage scheme

Lib Dem Voice has polled our members-only forum  to discover what Lib Dem members think of various political issues, the Coalition, and the performance of key party figures. Some 750 party members responded – thank you – and we’re publishing the full results.

Party members reject ‘Help to Buy’ by 61% to 27%

Do you support or oppose providing a government guarantee to encourage banks to offer 95% mortgages to homebuyers, available for homes costing up to £600,000?

    5% – Strongly Support
    22% – Support
    Total support = 27%
    9% – Neither support nor oppose
    34% –

Posted in LDV Members poll | Also tagged and | 3 Comments

Lib Dems should aim for a budget surplus not because the Tories want to, but because it is right

All parties have a mixture of deficit hawks and doves – those who believe in balanced budgets and those who aren’t too bothered. The Lib Dems are no exception, but I think we are different in the motivations underlying these positions.

Many Tories often seem to see deficit reduction as an end in and of itself, not even necessarily because they want to see a smaller state and lower taxes, but simply because their ideology teaches that budget deficits are Bad Things.

And in recent years, some Labour figures have begun to sound like their ideology teaches that budget deficits are inherently …

Posted in Op-eds | Also tagged , and | 57 Comments

Opinion: Why the student loan privatisation is a worrying prospect for graduates

For the first time in five years, the UK has seen a 4% rise in unsecured borrowing – the figure now amasses to an eye-watering £216bn. A report by Price Waterhouse Coopers revealed that this £8.5bn rise was almost entirely due to the rise in student borrowing. Students starting University, on average, are set to be straddled with debt that of £40 – 50,000.

As a graduate, already worrying about clearing my debt, the Government has given me more cause for worry. This week, the sale of the mortgage-style student loans taken out between 1990 and 1998 took place. …

Posted in Op-eds | Also tagged and | 29 Comments

Vince Cable justifies the payday loans cap – and the intervention by the Archbishop of Canterbury

vince-on-newsnightAccording to the Independent today, George Osborne’s surprise decision to impose a payday loans cap was precipitated by a threatened revolt by the Archbishop of Canterbury. Archbishop Justin Welby had been planning to speak in favour of an amendment to the Banking Reform Bill today, which would have imposed a 10% cap. The amendment was expected to attract support from cross-benchers and would probably have inflicted a defeat on the government.

The Independent claims:

Vince Cable, the Liberal Democrat Business Secretary, and Jo Swinson, the Liberal Democrat minister responsible for consumer affairs, have both

Posted in News | Also tagged and | 4 Comments

Vince Cable orders review of industrial law to investigate union and employer behaviour

One of the things that made me wince recently was the experience of a Grangemouth manager whose family were traumatised by the appearance of a union mob on their doorstep. There is no way that sort of action can be described as anything other than intimidatory and it is right and proper that it should be investigated. People’s homes are off limits. I was livid last year when UK Uncut demonstrated outside Nick Clegg’s house, although to be fair, it was a good natured demo and Nick himself was quite relaxed about it.

You can always rely on the …

Posted in News | Also tagged , , and | 17 Comments

So who has been briefing against Tim Farron, then?

Tim Farron MP. Photo credit: Some rights reserved by David SpenderThe Liberal Democrats’ spell in government has been characterised by very little hostility and disunity on a personal level. Whatever arguments there may have been behind the scenes have not spilled over into the pages of the press very often. That’s actually quite remarkable given the pressure we are under as a party. Sure, we’ve had our disagreements on policy, with more to come, but we’ve kept it civil.

Politicians have been secretly briefing the press about what goes on behind the scenes as long as there has been politics. I remember being shocked when, as a very young and naive political activist, I overheard a very senior figure doing just that. This stuff fills newspaper columns, but when it gets personal, and toxic, it becomes a massive problem.

There have been two recent examples of unpleasant, personal unattributed attacks, and both have come from the establishment side of the party. First of all, we saw the clumsy, inept and inaccurate hatchet job done on Vince which apparently sparked an enquiry in leader’s office. Now, the Independent tells us, “one figure very high up in the party” has crossed a big line with a pretty vicious personal attack on Tim Farron:

Which bit of the sanctimonious, god-bothering, treacherous little shit is there not to like?

Tony Blair and Gordon Brown spent years doing that sort of stuff about each other. So did John Major’s “bastards”. That ended well, didn’t it?

Posted in News | Also tagged , and | 34 Comments

Vince Cable’s £10 million boost for biology business

Vince Cable has shown a consistent commitment to investing in science and the latest plank of that is unveiled in today’s Telegraph:

Vince Cable has raised £10m of investment from the Biotechnology and Biological Science Research Council to help entrepreneurial scientists working in synthetic biology to establish their business.

Access to funding is seen as the greatest threat to the survival of small companies operating in these fast-growth markets, said Mr Cable.

“The banks have walked away from SMEs. They’ve been badly hit,” the Business Secretary said. “I want to help these firms through the so-called ‘valley of death’.

This is part of

Posted in News | Also tagged and | 2 Comments

Alistair Carmichael MP writes…how the Lib Dems in government worked together for Grangemouth

Three weeks ago when I was appointed as Secretary of State for Scotland many journalists and commentators (and even a few posters on Lib Dem Voice!) forecast a period of strife ahead as the “bruiser” from the Whips’ Office took over at Dover House.

I am not expecting anyone to say they were wrong but I hope that maybe some of them are feeling just a little sheepish this weekend.

The threat to the future of the petro-chemical plant at Grangemouth was one of the most serious to face Scotland for several years. It also produced a degree of political unity and …

Posted in News | Also tagged , , and | 7 Comments

YouGov: Nick edges Vince on economic trust

Which politician (or combination of politicians) would the public most trust to run the British economy? That’s the question YouGov asked, and here are results courtesy the PLMR blog:

economic trust

Overall David Cameron has the single best economic trust figure (35%) followed by Ed Miliband (30%). As you might expect this breaks broadly on party lines: 91% of Tory voters trust their party’s leader; 76% of Labour’s trust theirs. The current Coalition partnership – Cameron and Clegg – are trusted by 29%, with Tories less enthusiastic and Labour supporters overwhelmingly hostile.

Intriguingly …

Posted in Polls | Also tagged , , , and | 10 Comments

LDVideo: Vince Cable praises Royal Mail’s “very good launch” onto the stock market

Royal Mail shares soared on their first day’s floatation yesterday, prompting inevitable accusations that the company had been priced too low. Here’s Lib Dem business secretary Vince Cable explaining his aim to assure long-term investment irrespective of the froth of the “spivs and speculators”:

Posted in News | Also tagged , , and | 4 Comments

Vince Cable defends Royal Mail pricing

Royal Mail delivery trolleyVince Cable has written to his Labour shadow, Chuka Umunna, stating that the sale price for the Royal Mail “reflects the fact the business brings risks, as well as assets such as property”.

When interviewed by the BBC yesterday, Umunna had listed a number of objections to the Government’s valuation at £3.3billion, claiming that it could have been sold for £1billion more.

In his response, Vince Cable said:

It is irresponsible to imply that a share offering looks significantly undervalued.

I think you should consider the risk that you may

Posted in News | Also tagged | 9 Comments

The Independent View: The Lib Dems can – and should – be the Party of the Entrepreneurs

Every party claims, in some way, to be on the side of small business, but none has really given new and potential businesses much time or attention. Firms that do not yet exist are much less easy to champion and harder still to help than existing small businesses, but they are no less important.

It may be no wonder, then, that not one of the three main party leaders mentioned entrepreneurs in their Autumn conference speeches. That’s why today we at the Adam Smith Institute are helping to launch The Entrepreneurs Network, a new think tank dedicated to giving …

Posted in The Independent View | Also tagged , , , , , , and | 8 Comments

On the Lib Dem conference polling bump (lack thereof) and what it means for the party

The Labour party’s been enjoying a post-conference bump in the polls on the back of Ed Miliband’s bit of unexpected populism of promising a 20-month energy price freeze. At the weekend, Labour opened up an 11-point lead over the Tories, hitting 42%, its highest level since June.

Of course party conferences frequently distort the polls. We’ll see if the Tories also get a boost from their week’s exposure (or whether the row between the Daily Mail and Ed Miliband has overshadowed it). And then we’ll see if any of these spikes have any kind of long-lasting effect, or — as usual …

Posted in News, Op-eds and Polls | Also tagged , , and | 70 Comments

LDVideo: Strictly Vince

I reckon that I might just get away with this as it’s 9 pm on a Friday night.

As the new series of Strictly Come Dancing gets under way at this very moment, I think we’re due a little reminder of one of our number doing a pretty acceptable Foxtrot a few years ago.

Posted in News | Also tagged | 1 Comment

Observer reports enquiry into leader’s team’s press briefings on Cable

From today’s Observer:

The Liberal Democrat leader is investigating an allegation that members of the media have been briefed with erroneous information damaging Cable’s position in the party.

The move followed an angry complaint from an MP during a meeting of the parliamentary party at last week’s Lib Dem conference in Glasgow. The dispute centres on an economic debate held during an away day for Lib Dem MPs last month.

A number of reports, including one by the BBC’s political editor Nick Robinson, alleged that Cable lost heavily when he proposed at the event that the government should borrow more, at current

Posted in News | Also tagged , and | 39 Comments

Lib Dem activists on Newsnight

newsnight2I was one of thirty or so party members invited to be the audience last night on Newsnight. We were encouraged to join in the discussion with Vince Cable and other guests, including Lib Dem parliamentary candidate Maajid Nawaz.

As usual the BBC does not allow us to embed their videos but you can view the programme on i-Player.

 

 

Posted in Conference | Also tagged | Leave a comment

Vince pitches for the Lib Dems to be the new unity party; Nick breathes a sigh of relief

Vince Cable smiling - Some rights reserved by Liberal DemocratsOvernight it was reported that Vince Cable wouldn’t be attending the Lib Dem debate on the economy because he would be busy preparing his keynote speech to conference. As diplomatic excuses go, it wasn’t subtle. In the end he managed to combine both, belatedly joining the debate thronged by cameras, before his turn to take centre stage.

The speech – which you can read in full here – reminds us of Vince’s original roots both in Glasgow and in Labour …

Posted in Conference and Op-eds | Also tagged and | 3 Comments

Vince Cable’s speech to Conference

Vince Cable - Some rights reserved by Liberal DemocratsThe agenda for Tuesday morning was rounded off with a speech from Vince Cable, which we publish here in full:

Friends.

It is a special pleasure to speak to Conference in the city where I had my political baptism of fire.  Glasgow is a great city and Glaswegians are warm, hospitable and humorous.

But Glasgow has experienced one party, Labour, rule for decades. And I was part of the Labour political machine here in the 1970s.  On one level it worked.  Insanitary slums were razed to …

Posted in Conference | Also tagged | 2 Comments

The Lib Dem conference economy debate: Nick Clegg raises the stakes. He’ll have only himself to blame if he loses

After a weekend of averted rows – nuclear power and ‘fracking’ supported, axeing of tuition fees dropped – today’s debate on the economy will see a return to Lib Dem conference tradition: a dust-up between the leadership and the activists.

A year ago, there was a poorly coordinated attempt by Lib Dem members within the Social Liberal Forum and Liberal Left groupings to get the party to change the Coalition direction on the economy, to bring in an explicit Plan B. It suffered a crushing defeat, with Vince Cable, Steve Webb and Tim Farron all speaking in favour of …

Posted in Conference and Op-eds | Also tagged , , and | 10 Comments

No chemicals sent to Syria from the UK

Syria mapAccording to the Independent, Vince Cable is under pressure over some export licenses that were issued by his department in January 2012.

The licenses were for potassium fluoride and sodium fluoride. both of which can be used to manufacture sarin gas, which we now know was used in the chemical attacks in Syria. But further down the article we can read that:

The Department for Business, Innovation and Skills insisted that although the licences were granted to an unnamed UK chemical company in January 2012, the substances were not sent to Syria before the permits were eventually revoked last July in response to tightened European Union sanctions.

Posted in News | Also tagged , and | 13 Comments

Full steam ahead for high speed rail, say 55% of Lib Dem members

Lib Dem Voice has polled our members-only forum  to discover what Lib Dem members think of various political issues, the Coalition, and the performance of key party figures. More than 600 party members have responded, and we’re publishing the full results.

Lib Dem members back HS2 by 55% to 31%

There are plans to build a new high speed rail link (called HS2) between London and Birmingham, and then on to Manchester and Leeds. This is currently expected to cost around £42 billion. Do you support or oppose these plans?

    55% – Support

    31% – Oppose

    13% – Don’t know

Posted in LDV Members poll | Also tagged , , and | 53 Comments

Majority of Lib Dem members back Vince’s Royal Mail privatisation plans

Lib Dem Voice has polled our members-only forum  to discover what Lib Dem members think of various political issues, the Coalition, and the performance of key party figures. More than 600 party members have responded, and we’re publishing the full results.

Royal Mail privatisation backed by 55% to 41%

The Government has announced plans to privatise Royal Mail. 90% of shares will be made available for purchase by the public, with 10% given to postal service employees for free. To what extent do you support or oppose plans to privatise the Royal Mail?

    16% – Strongly support

    39% – Tend to support

Posted in LDV Members poll | Also tagged , and | 3 Comments
Advert

Recent Comments

  • David Wright
    According to this well-argued article (by Lib Dem councillor Mark Ellis), a simple wealth tax wouldn't work, but tax on TRANSFER of wealth could, if current tax...
  • Kira Collins
    @Peter Martin “ We should be encouraging them to use less energy. To do that, you should put standard rate VAT on energy and use the money to raise pensions,...
  • Simon Banks
    Why are we on the other side from the Tories? Because they stand for every kind of inequality, the gutting of local government and a narrow nationalism. We stan...
  • expats
    Vince Cable....Gordon Brown introduced formal fiscal rules in 1997 alongside the operational independence of the Bank of England: essentially, a commitment to b...
  • Nonconformistradical
    @Tristan Ward Instead of posting such a long link may I recommend the use of https://tinyurl.com/ ? Which reduced your huge link to https://tinyurl.com/eejs...