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Energy secretary Ed Davey and local government minister Don Foster speak at the Association of Liberal Democrat Councillors local government dinner in Manchester Business secretary Vince Cable speaks at a Trades Union Congress event on s... Continue to article
Business secretary Vince Cable, Labour leader Ed Miliband, Commons speaker John Bercow and London mayor Boris Johnson attends The New Statesman centenary party in London Foreign secretary William Hague delivers a speech on Scotland and t... Continue to article
COMMONS CHAMBER 11.30am: Foreign and commonwealth questions (topicals at 12.15pm) Main business Motion relating to EU documents on reform of the Common Agricultural Policy, enhanced cooperation and a financial transaction tax, Europ... Continue to article
David Cameron has urged G8 leaders to address the “absolutely vital” issues of entrepreneurship and innovation at their meeting next week. Speaking at the Innovation Conference today, the Prime Minister warned that smaller businesses wo... Continue to article
Today [Friday], Liberal Democrat Leader and Deputy Prime Minister, Nick Clegg is launching the Liberal Democrats’ ‘A Million Jobs for a Stronger Economy’ campaign. The campaign will highlight the successes the Liberal Democrats have had in ... Continue to article
Vince Cable’s Business Bank is no more than a “renamed group of civil servants from his own department”, a Labour MP charged today. Sheila Gilmore attacked the Business Secretary as he told MPs the scheme to ensure small businesses ... Continue to article
Vince Cable downplayed suggestions he could be hauled in front of the Chancellor’s ‘star chamber’ for failing to agree enough cuts to his departmental budget. “I don’t think so. What is happening and what will happen is that we have perf... Continue to article
Labour needs to be bolder and challenge the Conservatives’ insistence that austerity is necessary for the economy, a senior Liberal Democrat peer has said. Speaking on Question Time in Blackburn, Lord Oakeshott, seen as a close ally to B... Continue to article
WORDS BY PAUL WAUGH, PICTURES BY PAUL HEARTFIELD Michael Fallon opens his desk drawer to reveal the secret weapon in his daily drive for ministerial efficiency: a private stash of muesli bars and energy snacks. The blood sugar ... Continue to article
COMMONS CHAMBER 11.30am: International development questions (topical at 11.53am) 12.00 noon: Prime minister’s questions 12.30pm: Health secretary Jeremy Hunt delivers a statement on the safe and sustainable review of children’s hea... Continue to article
Baroness Kramer said the Liberal Democrats supported Labour’s call for an end to universal winter fuel payments for pensioners, but called on Ed Balls to set out a more thorough economic plan. “We’ve particularly said that we ought to lo... Continue to article
10 Downing St press release The Prime Minister's task force on tackling extremism and radicalisation met for an initial meeting today. Ministers attending were: David Cameron, Prime Minister (chair) Nick Clegg, Deputy Prime Minister Georg... Continue to article
Vince Cable said the UK was not seeing enough bank lending to small businesses, identifying action in this area as fundamental to economic recovery. "Small business lending is the key to recovery, and we’re not seeing much action on that... Continue to article
Vince Cable acknowledged some people were “slipping through the cracks” of Britain’s welfare system after a report warned that more than half a million people were using food banks. However he rejected the comparison between food banks i... Continue to article
Vince Cable said society needed to do more to tap into the potential of women in the business sphere. "The evidence we have so far is that the start-up rate for companies in the UK is probably higher than it’s ever been. Evidence is a bi... Continue to article
Business secretary Vince Cable (09.05) and London mayor Boris Johnson (10.00) speak at the second day of the Global University Summit in London Business secretary Vince Cable visits an aerospace masters scheme at the Royal Academy of Eng... Continue to article
Vince Cable said the Royal Mail would not make enough profit to survive if it remained publicly funded. "It’s a declining business and in order to help the Royal Mail survive and in order to help them deliver the Universal Service Obliga... Continue to article
Business secretary Vince Cable visits Aldermore Bank in Berkshire Transport minister Stephen Hammond attends the International Transport Forum in Leipzig Continue to article
Business secretary Vince Cable hosts summit with the heads of G8 nations CBI equivalents Shadow business secretary Chuka Umunna and shadow education secretary Stephen Twigg launch the one nation Labour skills taskforce interim report at ... Continue to article
Vince Cable hinted at a future bid for the leadership of the Liberal Democrats, admitting he could “never” rule out running for the top job. However the Business Secretary firmly rejected the suggestion from Education Secretary Michael G... Continue to article
Business secretary Vince Cable speaks at a CBI and GE Capital event in London on accessing alternative finance for growing businesses (09.30) Foreign secretary William Hague meets Armenian foreign minister Edward Nalbandian in London ... Continue to article
COMMONS CHAMBER 2.30pm: Work and pensions questions (topicals at 3.15pm) Main business Marriage (Same Sex Couples) Bill: Remaining stages (day 1 of 2) Motion to change the membership of a select committee: Foreign affairs Pres... Continue to article
Vince Cable said tax avoidance by multinational companies was not the fault of HMRC. “The HMRC are there to enforce the law and if the company had managed to operate legally, then it’s not a failure by HMRC. I think we do have a job to d... Continue to article
The Road Back to Full Employment – Speech by Liam Byrne Liam Byrne MP, Labour’s Shadow Work and Pensions Secretary, in a speech to IPPR North, said: There are few better places than here, to speak about the task of rebuilding Britain as... Continue to article
Vince Cable said the "endless, self-indulgent civil war" in the Tory party over Europe is creating instability and doing "serious damage" to the country. "This is just actually continuing this endless, self-indulgent civil war in the Con... Continue to article
Vince Cable said public anger at the tax arrangements of companies like Google and Amazon was “absolutely justified”. “There is public outrage, it is absolutely justified. And, particularly if you are a small company which can’t relocate... Continue to article
Nick Clegg has strongly denied Michael Gove’s assertion that representatives for Vince Cable were “on manoeuvres” with an eye to the leadership. The Lib Dem leader was confronted with a caller to his Call Clegg radio show asking why a “7... Continue to article
The Government has presided over a “complete and utter shambles” since last week’s Queen’s Speech, the Shadow Chancellor has said. After a week dominated by Conservative turmoil over the European Union, Ed Balls moved an amendment regret... Continue to article
Vince Cable said the debate within the Conservative party on the question of an EU referendum was causing "uncertainty" and "making life difficult" for investors. “Well, you know, some Conservatives have got a real bee in their bonnet ab... Continue to article
Business secretary Vince Cable speaks at the British American Business Council transatlantic conference in Birmingham (20.00) Education secretary Michael Gove delivers the Centre for Policy Studies Keith Joseph memorial lecture in London... Continue to article
Prime minister David Cameron begins his three day visit to the US. He will meet with US President Barack Obama in Washington Health Secretary Jeremy Hunt is expected to announce a review of later-life care Business secretary Vince Cab... Continue to article
WORDS: SAM MACRORY Shirley, you have been in Parliament, on and off, for nearly 50 years. How has Parliament changed in terms of the way women MPs are treated? Shirley Williams: I got elected in ’64. We had 23 women MPs – about three-and-h... Continue to article
Vince Cable said the Government would be introducing some long-term reforms on social care and pensions that would last "for a generation". "There are some very big, long-term reforms. Pensions is one, the social care provision, so ... Continue to article
Vince Cable criticised former chancellor Lord Lawson’s call for a British exit of the EU. “Nigel Lawson’s a terribly clever guy, but I think he’s often wrong on the big issues like climate change and this. And I think the problem he has ... Continue to article
Vince Cable said the Lib Dems and the other major parties needed to "take the UKIP phenomenon seriously". “[UKIP] have taken support from us, and Labour, but most of all from the Conservatives. "We don’t know where they’re headin... Continue to article
* Royal Bank of Scotland * Banking * Fred Goodwin * Vince Cable * Scotland Rupert Neate guardian.co.uk © 2013 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of... Continue to article
Vince Cable braved the wilds in one of the most potentially harrowing experiences in politics – a live web chat with the users of the online parenting network, Mumsnet. The Business Secretary fielded a range of on-topic questions. He exp...
Vince Cable said Iain Duncan Smith had raised an important question about whether universal benefits should continue, but said it would be “difficult to address” the issue before the next election. “People can deal with it in different w... Continue to article
Business secretary Vince Cable and Zac Goldsmith MP participate in a Heathrow expansion debate in Richmond (19.00) Universities minister David Willets and business minister Michael Fallon will attend the Informal Competitiveness Council ... Continue to article
Labour party leader Ed Miliband launches his alternative Queen's speech in Newcastle-under-Lyme Business secretary Vince Cable speaks at the launch of the RSA/Lloyds Banking Group report on the future for mid-sized manufacturers in Londo... Continue to article
Business Secretary VInce Cable said: “We've always said the road to recovery would be a marathon, not a sprint. “Today's figures are modestly encouraging and taken alongside other indicators such as employment figures, suggest that t... Continue to article
Danny Alexander said the continuing sluggish growth in the economy proved the difficult environment which the UK was dealing with, and warned there was no “magic wand” to boost the economy. “We’re operating in a very tough environment, o... Continue to article
Labour party press release Chuka Umunna MP, Labour's Shadow Business Secretary, commenting ahead of the House of Lords debate on the Government's 'shares for rights' scheme, said: "The Tory-led Government's economic plan has comp... Continue to article
Vince Cable refused to commit to a targeted spend on science as a proportion of GDP. “I certainly share Sir Paul's [Nurse, President of the Royal Society] priority. He’s absolutely right, we have worked with our science, certainly since ... Continue to article
With age comes maturity; and forgetfulness. Despite being one of the most senior members of Government, Vince Cable got into trouble on a train this week after his OAP rail pass expired. The Business Secretary was forced to cough up the ext...
Business Secretary Vince Cable attacked the current biggest boy band, One Direction for living whilst they’re young today when he called their pay “downright insensitive and grossly immoral.” The Twittersphere predicted a less than beaut...
Business Secretary Vince Cable calls the pay of bands like One Direction ‘downright insensitive and grossly immoral’. Continue to article
Vince Cable said different branches of government would work together to ensure the minimum wage was enforced. “It’s absolutely necessary that the minimum wage should be paid and that nobody in the country should be paid less than the mi... Continue to article
TUC press release Commenting on today’s (Monday) new national minimum wage rates, announced by the Business Secretary Vince Cable this morning, TUC General Secretary Frances O’Grady said: “Boosting the incomes of the low paid goes str... Continue to article
The government has today accepted the independent Low Pay Commission’s (LPC) recommendations for this year’s adult and youth National Minimum Wage (NMW) rates. However, the government has concluded that the apprentice rate should be incr... Continue to article
New research has found Vince Cable's plan for a Government-backed business bank will need £40bn of taxpayer funding to be successful. A report by the IPPR think tank says that direct Government money for the scheme would be essential, something the Treasury is understood to be against. Tony Dolphin, the IPPR's chief economist, said: "A fully-fledged British investment bank should not be held back by the vagaries of the UK's accounting practices. Its self-financing activities should be excluded from the Government's target fiscal measures and it should be free to raise funds on capital markets."
Vince Cable has indicated improving access to finance for businesses will be a key part of the Government’s new industrial strategy which he will set out in more detail tomorrow.
Speaking in the House of Commons after Labour was granted an Urgent Question, the Business Secretary confirmed the Government was “actively looking” at the possibility of setting up a business bank to improve access to finance.
Other key areas he highlighted were dealing with problems sector-by-sector, improving technology, better skills for workers, and changing public sector procurement.
Dr Cable’s Labour counterpart Chuka Umunna was given the opportunity to scrutinise the plans ahead of the Business Secretary's announcement tomorrow.
Earlier today, the Business Department unveiled plans to exempt thousands of small businesses from health and safety regulations. At least 3,000 regulations, which some businesses have complained are holding them back, are to be removed.
Dr Cable promised the Government would now be "holding departments' feet to the fire to ensure all unnecessary red tape is cut".
Vince Cable has said the Government should ensure the benefits of an "aggressive" monetary policy can be felt in all parts of the economy – a policy which he describes as “plan A+”.
But Downing Street today has played down the idea the idea it is changing its strategy. A spokesperson said: "We have one plan and it is a credible plan."
In a speech to the Centre Forum think tank, the Business Secretary said there was scope for using Government guarantees more ambitiously, while still maintaining fiscal discipline and sticking to the Government's deficit reduction commitments.
He argued the guarantee model could be expanded and scaled up to fund infrastructure - in particular social housing.
Vince Cable is to be given 'quasi-judicial' powers over the proposed merger of defence firms BAE and EADS should the deal go ahead. Dr Cable will be given sole Government power over a move that is becoming increasingly politicised as concerns escalate over the possible national security implications. The Times reports that the merger would trigger an assessment under the Enterprise Act 2002, which requires the Business Secretary to approve mergers involving national security.
A former Tory chief whip has lashed out at George Osborne and David Cameron, saying they are "tacticians" without a strategic vision for the Government.
Lord Ryder, who served as chief whip in John Major's government, accused the Prime Minister and the Chancellor of being "obsessed" with 24 hour news at the expense of the bigger picture.
Responding to claims that Mr Osborne spends too much time focused on political strategy, he said: "He's not a strategist at all, he's a tactician. Both he and Mr Cameron are tacticians and this government lacks a strategist...
"He and Mr Cameron seem to be obsessed with the management of 24 hour news, they're news editors, if you like, news managers, not strategists."
There was better news for Mr Osborne earlier when the head of the OECD gave his backing to the Coalition's austerity measures.
Yesterday's announcement that the UK economy had contracted by 0.7% in Q2 put the pressure on Mr Osborne and led the former Lib Dem Treasury spokesman Lord Oakeshott to joke that he was "doing surprisingly well for a Chancellor on work experience".
But OECD General Secretary José Ángel Gurría defended the Chancellor, saying he should stay the course and was "sowing the seeds of what will be the elements for recovery" and "you have to have credible public finances before you start moving on the growth".
Lord Oakeshott called for Business Secretary Vince Cable to be considered for the role. Mr Cable told the media that while he would "probably" be a good fit for the position, the Chancellor was doing a good job:
"I’m not pushing for the job. We’re part of a team; we have a collectively agreed policy, and I’m delivering on my bit of it, which centres particularly on the area of industrial strategy, and I’m not proposing a radically different approach. I would be building on what George Osborne has already achieved."
Vince Cable has said the Liberal Democrats faced “veiled threats” from News International if the BSkyB takeover was not given the green light.
Giving evidence to the Leveson Inquiry, the Business Secretary said he believed the threats about Liberal Democrats' depictions in News International newspapers had come after a conversation with News Corporation lobbyist Frederic Michel.
He also hit out at Mr Michel's “systematic attempt to politicise the process” of adjudicating on the takeover. He confirmed he had been told about this by Liberal Democrat colleagues who had spoken with Mr Michel.
“I’m trying to explain the context in which I made my own comments [to undercover Telegraph journalists]… and what it was that had made me seriously disturbed.”
Dr Cable explained he was in an “emotional frame of mind” when he told two undercover Daily Telegraph reporters he was “waging war” on the Murdoch empire.
“There was a near riot taking place outside my constituency office… in order to prevent the disorder getting out of control, I invited in some of the protestors into my office. We had a very long conversation… I was struggling to keep my temper in this situation…
“I was in an extremely tense and emotional frame of mind. And the two women who I thought were constituents… I did offload onto them a lot of pent-up feeling, to just about the BSkyB case that I was dealing with but my colleagues in Government… in language I wouldn’t usually use.”
Also appearing at Leveson today was Justice Secretary Ken Clarke, who said that the media had "far greater" power than Parliament does.
Mr Clarke urged the inquiry not to curtail free speech, but argued the power of the media “has grown, is excessive, and ought to be diminished”.
19/06/2013 on BBC News
19/06/2013 on The World at One, BBC Radio 4
09/06/2013 on Murnaghan, Sky News
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