Monday, 3 May 2010
Vince Cable Visits Spelthorne
Sunday, 11 April 2010
Is It That Time Already?
Monday, 29 March 2010
Cable Clear Winner Tonight
Channel 4 Tonight - Live Election Debate
"Unless they can say how they will realise these savings, the Tory proposals aren't worth the paper that they are written on"
said the Liberal Democrat Shadow Chancellor. Commenting on George Osborne's plans to block some of next year's planned National Insurance tax rises, Vince Cable said:
"This is school boy economics. When you have a £70bn permanent hole in the Government's finances you simply can't propose cutting tax revenue unless you spell out exactly how you are going to pay for it. The Tories say they are going to pay for a cut in National Insurance through 'efficiency savings', but haven't a first clue about how these savings are going to be realised. Unless they can say how they will realise these savings, the Tory proposals aren't worth the paper that they are written on. George Osborne has taken the Government's highly dubious efficiency plans and made them even less credible. Today's announcement is all about low politics not sound economics. If George Osborne seriously wants to be Chancellor it is time he put away childish things and produced a credible plan of how he would restore the health of the nation's finances."
I get the feeling this could be quite spicy tonight....
Wednesday, 24 March 2010
Budget Response
Vince Cable has responded to today's budget by saying "Today's budget wasn't honest.
The Chancellor is incapable of coming clean about where spending cuts will have to fall. Rather than being honest with people about what the Government can and cannot afford, the Chancellor would rather let others indiscriminately shave departmental budgets.
And the Budget did nothing to make Britain a fairer society.
We're campaigning for fair taxes, lifting millions of people out of income tax altogether. But today's Budget, by confirming the freeze in personal allowances, means everyone will see a real increase in their income tax bill.
Rather than forcing the nationalised banks to lend to good British businesses, Labour have chosen to create a feeble quango to arbitrate between bullying banks and their small business clients.
Today's Budget shows even more clearly that Britain needs real change."
See Vince's response on video here:
http://www.youtube.com/user/LibDem#p/u/6/qML-FOOAYYo
Monday, 15 March 2010
Debt Reduction
Sunday, 14 March 2010
Thanks Birmingham
Saturday, 27 February 2010
Cable On The Growth Figures
"With the Government stimulus largely coming to an end last December it is highly likely growth will continue to be weak for some time," said the Liberal Democrat Shadow Chancellor.
Responding to the news that the UK economy grew by 0.3% in the final three months of last year, faster than had been previously estimated, Vince Cable said:“While it is welcome news that the economy has grown by more than had been previously estimated, the British economy is still weak. “This news underlines again the folly of rushing into rapid cuts which could push the economy back into recession and inflict further structural damage on the UK, making it harder to sustain our credit rating and creating an even larger budget deficit. “Decisions about the speed and timing of tackling the deficit should be based on the state of the economy, not political dogma. “If the public and markets are to have confidence in the political parties, Labour and the Tories must follow the Liberal Democrat lead and demonstrate a credible plan for when and how the deficit will be tackled and where the cuts will come from.”