Vince Cable
Vince Cable
Sir John Vincent "Vince" Cableis a British politician who was the Secretary of State for Business, Innovation and Skills from 2010 to 2015 and the Member of Parliament for Twickenham from 1997 until losing his seat in the 2015 election...
NationalityBritish
ProfessionPolitician
Date of Birth9 May 1943
beginning confidence costs debt evidence financial german greek happening keeps position positive rather service
I think what is happening is I think first of all there is confidence in the U.K. economy. We're in a German rather than a Greek position in international financial markets, which is very positive and keeps our debt service costs down, and we're also beginning to see real evidence of rebalancing.
damage good leadership slow support
He has been a very good leader, but we have had a slow hemorrhaging of support and confidence. A lot of damage has been done. I don't think that the leadership is sustainable.
brown chancellor gordon problems serious time trouble
Gordon Brown is in serious trouble for the first time as chancellor because of problems of his own making.
high taxes voters
Many voters still...associate us with high taxes and big spending.
measure
It's a tax-cutting measure and we should have made that clearer.
loss years gambling
Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences.
choices competition needs
Small- and medium-sized businesses need access to a diverse range of finance options, including non-bank lending. These new forms of finance are still small in scale today but they should, over time, bring additional choice and greater competition to the lending market.
paper miserable resignation
According to the papers, I'm miserable, alienated, and on the brink of resignation. But that's simply not where I am.
government mind done
So I went into government with a clear mind about what the problems were, and what needed to be done.
government engineering support
Now the main areas of higher education that still enjoy considerable financial support from government are subjects like engineering and science and the research ringfence which is the basic minimum to protect Britain's scientific competitiveness.
views years long
My time at Shell was a most valuable experience because it taught me to look at the world in a long-term way. Shell takes a 20-year view on events and plans for different scenarios. It makes you see the world as a kind of large matrix.
economy-today growth balance
We need a new British business bank with a clean balance sheet and an ability to expand lending rapidly to the manufacturers, exporters and high-growth companies that power our economy. Today I can announce we will have one.
government issues feelings
The fact that John Prescott is being paid large sums of money to do little or nothing adds to the general malaise surrounding this government and the feeling that ministers are incapable of tackling serious issues.
banking-crisis people debt
There was, of course, a global financial crisis. But our Labour predecessors left Britain exceptionally vulnerable and damaged: more personal debt than any other major economy; a dangerously inflated property bubble; and a bloated banking sector behaving as masters, not the servants of the people.