Cable vows to cut red tape for business

Katrina Lloyd
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Business secretary Vince Cable has pledged to cut red tape for small enterprises as part of a drive to stimulate the economy.

Addressing 200 business leaders at Thursday night's Mansion House dinner, Cable highlighted deregulation, trade, planning and skills as potential ways to boost growth. He said his central task was "to put growth at the centre of the government's work", the Financial Times reports. "I confess to a certain exasperation with commentators and opposition politicians who, for reasons of ignorance, amnesia or mischief, assume away the past and expect that the government can somehow guarantee an immediate, miraculous return to rapid economic growth through some all-encompassing plan," said Mr...

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