Cable plays down quit talk after 'nuclear' remark

clock

Vince Cable has said he has no intention of leaving government following private comments suggesting he could 'bring down' the coalition.

The Cabinet minister said he is "embarrassed" by his remarks after he told undercover Daily Telegraph reporters he could "bring the government down" if it "pushed me too far". In a statement later, Mr Cable said he regretted the comments and had no intention of leaving government. Cable was recorded telling reporters - who were posing as his constituents - that he had been involved in a "big argument" over dealing with the banks. He said the Lib Dems had been pressing for a "very tough approach" which had been opposed by "our Conservative friends" and said he had been involved in a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Compliance-focused adviser generation 'lost the human touch'

Compliance-focused adviser generation 'lost the human touch'

‘Now there's soft skills training but advisers naturally did it back then’

Isabel Baxter
clock 24 April 2024 • 2 min read
Advice firms face data challenges amid new regulation

Advice firms face data challenges amid new regulation

Firms face challenges in collecting data and due diligence processes

Sahar Nazir
clock 24 April 2024 • 1 min read
PA Working Lunches: Register today to hear from Baillie Gifford

PA Working Lunches: Register today to hear from Baillie Gifford

Join us for an informative session worth one hour of CPD

Professional Adviser
clock 24 April 2024 • 1 min read