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

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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...

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