Lib Dem Conference 2011: Cable calls for 'stability, stimulus and solidarity'

clock

Business secretary Vince Cable today called for a policy of "stability, stimulus and solidarity" to aid Britain's financial recovery.

Addressing the Liberal Democrat conference in Birmingham, Cable advocated lending to businesses, attacked banks, and called for more financial protection for consumers. Cable, who has previously appeared at odds with Conservative ministers over banking and economic recovery, today threw his weight behind government cuts. He said the deficit reduction plan is necessary and not ideological. "The progressive left agendas of centre-left parties cannot be delivered by bankrupt governments," he said. However, Cable said he is not convinced reducing taxes on the rich will drive up Brit...

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 Tax Planning

Majority of advisers think NI cut will not boost pensions savings

Majority of advisers think NI cut will not boost pensions savings

Only one in ten think people will put the extra cash into pensions savings

Isabel Baxter
clock 11 March 2024 • 1 min read
Partner Insight: Royal London's Fiona Hanrahan — 'Your top tax year end questions answered'

Partner Insight: Royal London's Fiona Hanrahan — 'Your top tax year end questions answered'

Fiona Hanrahan, Senior Intermediary Development and Technical Manager, Royal London
clock 08 February 2024 • 3 min read
Treasury collects £2bn in 12 weeks as IHT receipts continue to soar

Treasury collects £2bn in 12 weeks as IHT receipts continue to soar

Figure breaks down at £22m a day for the government’s coffers

Hope William-Smith
clock 21 July 2023 • 2 min read