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

Reeves eyes income tax rise in Autumn Budget – report

Reeves eyes income tax rise in Autumn Budget – report

Would break Labour’s manifesto pledge

Isabel Baxter
clock 24 October 2025 • 2 min read
Reeves has 'huge opportunity' to reform taxes in Autumn Budget

Reeves has 'huge opportunity' to reform taxes in Autumn Budget

‘Frankly, it’s become quite desperate’

Isabel Baxter
clock 14 October 2025 • 4 min read
IHT on pensions changes slammed as 'unworkable' - PIMFA

IHT on pensions changes slammed as 'unworkable' - PIMFA

Risk creating serious problems for bereaved families, trade body warns

Isabel Baxter
clock 24 September 2025 • 4 min read