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Vince Cable defended proposals to send copyright infringement warnings to people who persistently download music and films illegally, in spite of the fact they will not be subject to follow-up action. "We have a special unit in the City ... Continue to article
Vince Cable welcomed today’s positive employment statistics but accepted that more needed to be done to address inflationary pressure on wages. “They are very positive. Unemployment is now one of the best in the developed world, that’s... Continue to article
Business Secretary Vince Cable said there should be "financial penalties" for foreign companies who "break public obligations" that they have entered into when they takeover British firms. “For the most part, we’re going to welcome inwa... Continue to article
Three months after AstraZeneca, Cable appears to be coming round to Labour's view on foreign takeovers - Umunna Responding to Vince Cable’s comments on today's Andrew Marr Show on the foreign takeovers regime, Shadow Business Secretary Chu... Continue to article
Vince Cable outlined plans to ensure that promises from foreign firms when taking over British businesses were binding. “We’re probably going to get other big takeovers coming down the track and I think there were two big lessons from th... Continue to article
Billy Hayes called for the Business Secretary, Vince Cable, to be sacked following suggestions by MPs that the sale of Royal Mail did not achieve value for money for taxpayers. “I think the issue here is foresight. Vince Cable certainly ... Continue to article
Vince Cable defended the Government's handling of the Royal Mail sale. "Our core objective was to put the Royal Mail in a position where it can continue to deliver the universal service. That'a six-day-a-week delivery system, the same pr... Continue to article
Vince Cable expressed concern over plans to increase the threshold for participation in ballots over strike action. “What I think is regrettable is the way that the Conservative side of the Coalition is using this action, despite the fac... Continue to article
Vince Cable, Shareholder Executive and investment banks all criticised in the MPs' report, which will be published on Friday, I've learnt.
COMMONS CHAMBER 11.30am: Deputy prime minister questions (topicals at 11.50am) 12.10pm: Attorney general questions Main business Modern Slavery Bill: Second reading Supply and Appropriation (Main Estimates) Bill: Second and th... Continue to article
LORDS CHAMBER 2.30pm: Oral questions, to ask the government: - Whether they have plans to strengthen the enforcement of Drivers’ Hours and Construction and Use Regulations with respect to heavy goods vehicles (Lord Berkeley, Lab) - ... Continue to article
Prime minister David Cameron and deputy prime minister Nick Clegg unveil new emergency police powers to protecting their right to access phone and email data Deputy prime minister Nick Clegg (12.30), work and pensions secretary Iain Dunc... Continue to article
Downing Street has dismissed Vince Cable’s suggestion that the Tory net migration target has been “damaging” for the UK. A new study by the Migration Observatory at the University of Oxford suggested that curbs on skilled migrants had s... Continue to article
Institute of Directors press release The Institute of Directors has staunchly defended the role of zero hour contracts in a flexible labour market, but has equally been adamant that the flexibility must work for both staff and business, ... Continue to article
Vince Cable explained the Government’s decision to ban “offensive” exclusivity clauses in zero-hours contracts. “The evidence we gathered and the massive consultation we undertook – we got 36,000 replies – suggested that, of all the prac... Continue to article
Business Secretary Vince Cable declares poll viewed as a bid to undermine Clegg's leadership as a £6,000 donation from Lord Oakeshott (PA)
Prime minister David Cameron meets with EU heads of state in Brussels Leader of the opposition Ed Miliband speaks in Edinburgh (10.00) Business secretary Vince Cable speaks at the Spectator and BAE Systems exporting for growth confer... Continue to article
Prime minister David Cameron (15.00) and deputy prime minister Nick Clegg (14.25) meet with the European Council president Herman Van Rompuy at Downing Street Chancellor George Osborne speaks in Manchester about the potential of a new Ma... Continue to article
COMMONS CHAMBER 2.30pm: Work and pensions questions (topicals at 3.15pm) Main business Deregulation Bill: Report stage (day 2) and third reading Motion relating to the Welsh Grand Committee Motions to change the membership of ... Continue to article
Vince Cable said a cap on mortgage lending by banks was needed to stop banks from fuelling the housing boom. "Prices are rising very rapidly. The long-term solution is to have lots more houses, the Government is doing a lot to revive sup... Continue to article
Today at Bloomberg Deputy Prime Minister and Leader of the Liberal Democrats, Nick Clegg, will deliver a speech entitled ‘Opportunity for Everyone’. The recent local and European election results were incredibly difficult for the Liberal... Continue to article
Government reshuffle expected this week Prime minister David Cameron meets Swedish prime minister Fredrik Reindfelt, German chancellor Angela Merkel and Dutch prime minister Mark Rutte in Sweden. He also opens the International Festival ... Continue to article
Nick Clegg and Vince Cable decided to settle their differences over a morning pint, to trumpet the Liberal Democrat victory in fighting for greater protections for pub landlords. It was a bit odd. Continue to article
Vince Cable said he supported Nick Clegg and had not spoken to Lord Oakeshott since the polling scandal last week. "We work together, I support his leadership. We're going to move on from some very difficult elections. I'm optimistic we ... Continue to article
Jokes about their lock-in aside, today’s re-launch by Nick Clegg and Vince Cable apparently heralds the Deputy Prime Minister’s attempt to get the Lib Dems to take credit for policies announced in tomorrow’s Queen’s Speech. Continue to article
Caption writers dream - days after failed coup attempt Vince Cable & Nick Clegg are doing a pub photocall together. Any thoughts?
In the heart of what they call "theatreland" where the hottest ticket is a Nick Clegg/Vince Cable photocall...
BIS press release Publicans who are currently tied to large pub companies say they are struggling to make a decent living, and more than half say they are earning less than the minimum wage. Deputy Prime Minister Nick Clegg and Busine... Continue to article
Prime minister David Cameron attends a ceremony commemorating the 70th anniversary of the D-Day landings in Normandy , France. He will meet with Russian president Vladimir Putin following the ceremony Business secretary Vince Cable (09.0... Continue to article
Department for Business, Innovation and Skills press release The Business Secretary is proposing new measures for greater transparency of company payment practices to help smaller firms get paid on time. Following a consultation in w... Continue to article
Vince Cable and Gordon Brown are very different characters. For a start, the Business Secretary is comfortable in his own skin. Continue to article
Vince Cable is a divisive and unpopular figure, for reasons that are very much to his personal credit. Continue to article
BIS press release Creative companies from the UK and China are set to benefit from £2 billion worth of trade and investment opportunities, Vince Cable announced today. As part of an eight day visit to China, the Business Secretary was... Continue to article
Danny Alexander said he trusted Vince Cable and and dismissed Lord Oakeshott's opinion poll, which claimed he would lose his seat in Inverness in 2015. "I haven't seen a more useless opinion poll in my time, it was constructed by a malic... Continue to article
Business secretary again denies being involved in plot to oust leader Nick Clegg Vince Cable has called for an end to feuding within the Liberal Democrats and insisted again that he was not involved i... Continue to article
Vince Cable said he "knew nothing" about polls conducted in Nick Clegg and Danny Alexander's constituencies commissioned by Lord Oakeshott. “To be absolutely clear, I’m supporting the party leader. People are putting around the story th... Continue to article
Nick Clegg said Vince Cable had assured him directly that he did not know anything about Lord Oakeshott's secret polling in Sheffield and Inverness. "I spoke to him [Vince Cable] yesterday, he clearly didn’t know a thing about a poll be... Continue to article
Vince Cable again denied knowledge of the poll commissioned by Lord Oakeshott showing Nick Clegg would lose his seat in Sheffiled Hallam. "I'm certainly aware of polls and it's actually perfectly straightforward. I mean, parties conduc... Continue to article
Lord Oakeshott statement I am today taking leave of absence from the House of Lords and resigning as a member of the Liberal Democrats. I am sure the Party is heading for disaster if it keeps Nick Clegg; and I must not get in the way of ... Continue to article
Deputy prime minister Nick Clegg delivers a speech on international development in London (10.00) Business secretary Vince Cable continues on his visit to China Chief Secretary to the Treasury Danny Alexander launches a report on tax ... Continue to article
Liberal Democrat press release Please see below a statement from Vince Cable. Vince Cable said: “Lord Oakeshott's actions are totally inexcusable and unacceptable. I have made it very clear repeatedly that he does not speak or act ... Continue to article
Department for Business, Innovation & Skills press release Business Secretary Vince Cable will today urge business leaders to support a drive to double the number of UK exchange students who travel to China as part of plans to boost trad... Continue to article
Liberal Democrats press release Vince Cable said: "These were exceptionally disappointing results for the party. Many hard working Liberal Democrats, who gave this fight everything they had and then lost their seats, are feeling frust... Continue to article
Prime minister David Cameron undertakes a regional tour Business secretary Vince Cable continues his visit to China Scottish secretary Alistair Carmichael and trade minister Lord Livingston address the Glasgow Chamber of Commerce (12.... Continue to article
Business secretary Vince Cable continues his visit to China Crime prevention minister Norman Baker attends the National Union of Students alcohol kite mark launch at Brighton University (14.00) The Mayor of London Boris Johnson joins ... Continue to article
Business secretary Vince Cable continues his visit to China Continue to article
Vince Cable acknowledged poor results for his party, but insisted it was a price worth paying for Coalition government. "It was the right thing to do. But clearly there's a price being paid and your summary initially was totally fair. It... Continue to article
Vince Cable described the UK's housing situation as worrying. "I think what's happening is worrying for many families, particularly low income and middle income families who can no longer get into the housing market. It means that people... Continue to article
Vince Cable said the Government would remain neutral over recent developments in the Pfizer – AstraZeneca takeover bid. “I’m not telling them what to do. They have clearly come to a firm view on the offer that’s been put to them. As... 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”.
19/07/2014 on BBC News
16/07/2014 on BBC News
14/07/2014 on Sky News
13/07/2014 on Andrew Marr Show, BBC One
11/07/2014 on Pooled clip
10/07/2014 on Sky News
Summaries and transcripts from TV and radio
5 hours ago on World at One, BBC Radio 4
6 hours ago on Jeremy Vine, BBC Radio 2
Today on Sky News