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....”. Vince Cable, the Liberal Democrat leader, also supported calls for a public inquiry, adding that it would prove futile if it ignores “an economically destructive extreme Brexit that will push the indebted over the edge”. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 12:50:07 PM
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....Carney’s intervention is significant as it follows a period of intense political debate about the impact of EU migration on wages and employment in Britain, after a copy of the government’s post-Brexit immigration blueprint was leaked to the Guardian earlier this month. Vince Cable, the leader of the Liberal Democrats, claimed Theresa May suppressed Home Office reports that found little evidence of immigration lowering UK wages. ... [Read full article on Guardian ]
Monday 18th of September 2017 03:36:20 PM
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....An investment fund that promises to break the mould of City short-termism and aims to make gains of 7% a year is to open for small investors able to put in as little as £500. The People’s Trust, backed by Liberal Democrat leader Sir Vince Cable, is the brainchild of Daniel Godfrey, the former head of the Investment Association, which represents fund management groups. ... [Read full article on Guardian ]
Sunday 24th of September 2017 06:00:37 AM
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....”. Liberal Democrat leader Sir Vince Cable said: “Brexit is set to turn Britain into the sick man of Europe again. ... [Read full article on Guardian ]
Wednesday 20th of September 2017 09:00:02 AM
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Latest Finance News related to Vince Cable

People’s Trust fund aims for long-term and sustainable wealth creation image
Source : Guardian [Read Article] Sunday 24th of September 2017 06:00:37 AM
....An investment fund that promises to break the mould of City short-termism and aims to make gains of 7% a year is to open for small investors able to put in as little as £500. The People’s Trust, backed by Liberal Democrat leader Sir Vince Cable, is the brainchild of Daniel Godfrey, the former head of the Investment Association, which represents fund management groups. ...
Treasury criticises Moody's after UK credit rating is downgraded image
Source : Guardian [Read Article] Saturday 23rd of September 2017 01:03:01 PM
....“For the second time under the Tories the UK’s credit rating has been downgraded, and on this occasion citing their lack of faith in the chancellor to meet his own spending targets as a result of unfunded spending commitments such as the deal with the DUP,” he said. The Liberal Democrat leader, Sir Vince Cable, said it was no coincidence the downgrading followed May’s address in Florence. ...
Public inquiry needed into UK's £200bn debt crisis, say senior MPs image
Source : Guardian [Read Article] Tuesday 19th of September 2017 12:50:07 PM
....”. Vince Cable, the Liberal Democrat leader, also supported calls for a public inquiry, adding that it would prove futile if it ignores “an economically destructive extreme Brexit that will push the indebted over the edge”. ...
Fall in migration after Brexit could push up inflation, says Carney image
Source : Guardian [Read Article] Monday 18th of September 2017 03:36:20 PM
....Carney’s intervention is significant as it follows a period of intense political debate about the impact of EU migration on wages and employment in Britain, after a copy of the government’s post-Brexit immigration blueprint was leaked to the Guardian earlier this month. Vince Cable, the leader of the Liberal Democrats, claimed Theresa May suppressed Home Office reports that found little evidence of immigration lowering UK wages. ...
Nuclear power plants may not keep Britain's lights on, say Lib Dems image
Source : Guardian [Read Article] Saturday 16th of September 2017 07:00:05 AM
....“Nuclear power should be kept open as an option – but there is a risk that it may not be able to keep the lights on and that it may not be the lowest-cost option,” said the Lib Dems in a new report, authored by the former coalition minister Lynne Featherstone. Vince Cable, the party’s leader, said this week that the breakthrough low subsidy prices for offshore windfarms should prompt a “radical reappraisal” of how Britain is powered. ...
James Murdoch warns No 10 not to shun Fox's Sky bid in Brexit run-up image
Source : Guardian [Read Article] Thursday 14th of September 2017 12:44:18 PM
....”. Vince Cable, the Liberal Democrat leader and long-time Murdoch critic, said the government “must not now let itself by cowed by threats from the Murdochs”. ...
UK cost-of-living crisis grows as dearer imports push inflation to 2.9% image
Source : Guardian [Read Article] Tuesday 12th of September 2017 09:36:14 AM
....7% this year, and lift the 1% cap for all public sector pay from next year. Liberal Democrat leader Vince Cable said a newly qualified nurse faced a real-terms pay cut of £412 this year under the cap with inflation at around 3%, while newly qualified teachers face a £435 shortfall. ...
Nuclear plans 'should be rethought after fall in offshore windfarm costs' image
Source : Guardian [Read Article] Monday 11th of September 2017 06:55:21 AM
....Experts said green energy had reached a tipping point in the UK after two windfarms secured a state-backed price for their output that was nearly half the level awarded last year to Britain’s first new nuclear power site in a generation, Hinkley Point C. Vince Cable, the leader of the Liberal Democrats, said the breakthrough should prompt a rethink of the government’s energy plans, which have pencilled in atomic plants at Wylffa in Wales, Sizewell in Suffolk and Bradwell in Essex. ...
The Tory fallacy: that migrants are taking British jobs and driving down wages | Vince Cable image
....The political temptation to play to the gallery rather than address these underlying problems is, sadly, all too real. • Vince Cable is leader of the Liberal Democrats and former secretary of state for business. ...
Publish leaked RBS report, MPs tell FCA image
Source : Guardian [Read Article] Wednesday 6th of September 2017 11:01:44 PM
....”. Allegations about the treatment of small businesses in the GRG unit first surfaced in 2013 when Lawrence Tomlinson, a businessman who was an adviser to the then business secretary, Vince Cable, compiled a dossier alleging the bank deliberately wrecked small businesses to make profits. ...
Leaked immigration plans ‘catastrophic’ for industry, say employers image
Source : Guardian [Read Article] Wednesday 6th of September 2017 11:16:38 AM
....A slowdown could contribute to lower unemployment and might potentially push up wages. However, Vince Cable, the Liberal Democrat leader, said old Home Office studies showed that immigration had little impact on wages and employment. ...
Rupert Murdoch's proposed Sky takeover reaches endgame image
Source : Guardian [Read Article] Sunday 3rd of September 2017 01:29:22 PM
....The most likely outcome is still that she stands by her original view to refer the deal to the CMA on the grounds of media plurality but not broadcasting standards. However, campaign group Avaaz and a group of high-profile MPs led by Ed Miliband and Vince Cable have made a compelling and powerful argument that it should also be referred on broadcasting standards due to the scandals at Fox News and the potential for the Murdochs to “Foxify” Sky News by giving it a rightwing slant. ...
Companies must reveal pay disparity between boss and workers image
Source : Guardian [Read Article] Monday 28th of August 2017 11:01:46 PM
....”. Vince Cable, the Lib Dem leader and former business secretary, said the executive pay register would contribute little because the information was already available and that the new code would be voluntary for large private companies. ...
Firms facing revolt over executive pay to be named on public register image
Source : Guardian [Read Article] Saturday 26th of August 2017 11:01:49 PM
.... The policies of listed British companies are currently subject to a binding vote every three years. The Liberal Democrat leader, Vince Cable, accused the prime minister of capitulating to pressure from her own party and watering down the original proposals. ...
Government faces fresh criticism over Green Investment Bank sell-off image
Source : Guardian [Read Article] Friday 18th of August 2017 01:05:09 PM
.... The consortium also includes Macquarie’s in-house infrastructure fund and the Universities Superannuation Scheme, a pension fund for British higher education institutions. Sir Vince Cable, the Liberal Democrats leader, who started the bank as business secretary when in coalition with David Cameron’s Conservatives, said the deal was “a sad day for environment and green investment in the UK” and that he had “little confidence that new private owners have a green mission”. ...
Will 2017 be Rupert Murdoch's summer of despair? | Jill Abramson image
Source : Guardian [Read Article] Wednesday 16th of August 2017 10:00:36 AM
....The latest cases involve two hosts of shows on Fox Business News, both of whom have been suspended. The new allegations surely provide fuel for a group of British politicians including Ed Miliband, Vince Cable and Ken Clarke who have been campaigning for the takeover to be blocked. ...
Fox’s chances of securing Sky depend on the football result image
Source : Guardian [Read Article] Sunday 13th of August 2017 05:59:06 AM
....Bradley has said she intends to call in the competition regulator to scrutinise media plurality issues (as the deal would see the Murdochs controlling UK assets ranging from Sky News to the Sun and Times newspapers), but has not made up her mind about whether to ask it to also look at broadcasting standards issues. Ofcom said it had found no grounds for asking the CMA to look at issues including the sexual harassment scandal at Fox News, but there are many opponents of the deal – including Ed Miliband, Vince Cable and campaign group Avaaz – and some have threatened legal action if the government does not launch a full investigation. ...
US firm Vantiv to buy British rival Worldpay for £9.3bn image
Source : Guardian [Read Article] Wednesday 9th of August 2017 01:55:20 PM
....”. When the takeover talks were first announced last month, Sir Vince Cable, leader of the Liberal Democrats and former business secretary, said the transaction represented “cheap pickings”. ...
Executive wages may have fallen, but the case for pay ratios is even stronger image
....We’ve seen a similar plot line in the past. The ill-named “shareholder spring” of 2012, which saw a few (but not, in fact, very many) investor rebellions over pay, coincided with Vince Cable, business secretary in the coalition government, getting angry about boardroom pay. ...
Workers who lost tribunal rights should have the chance to pursue their claims | Letters image
.... Fees which were higher than those in the high court were introduced for the sole reason of deterring applicants. Contrary to your editorial, it wasn’t Chris Grayling so much as the Liberal Democrat ministers – Vince Cable, Jo Swinson and Ed Davey – who were responsible for their introduction. ...
Ministers vow to end employment tribunal fees after court defeat image
Source : Guardian [Read Article] Wednesday 26th of July 2017 09:11:45 AM
....”. The Lib Dem leader, Vince Cable, has previously said Conservative ministers including Grayling repeatedly blocked Lib Dem requests for a review of the fees after cases plummeted in the first year, including a 90% fall in the number of sex discrimination cases. ...
The promise of a new era at Sports Direct must also mean new personnel image
Source : Guardian [Read Article] Thursday 20th of July 2017 06:48:36 PM
....Some submissions may be copycat petitions. Some – like the letter from Ed Miliband, the former Labour leader, and Sir Vince Cable, the new leader of the Liberal Democrats – have infuriated a Murdoch camp that wants to see “political interference” at every turn. ...
Culture secretary keeps Rupert Murdoch waiting over Sky deal image
Source : Guardian [Read Article] Thursday 20th of July 2017 11:26:27 AM
....The media regulator, Ofcom, on which Bradley has based her decisions to date, said it found no grounds to ask the CMA to look at issues including the sexual harassment scandal at Fox News and issues relating to phone hacking. Opponents including Ed Miliband and Vince Cable, longstanding critics of the Murdochs, have argued that not making the issue of broadcasting standards part of the CMA review could leave Bradley’s decision open to a judicial review. ...
Ofcom made serious errors over Murdoch Sky bid, say high-profile MPs image
Source : Guardian [Read Article] Friday 14th of July 2017 03:31:40 PM
....A group of high-profile senior MPs have claimed that Ofcom made a “serious legal error” in its handling of Rupert Murdoch’s bid for Sky and could face a judicial review unless the government orders a full investigation into the threat to broadcasting standards from the deal. Ed Miliband, the former Labour leader, Sir Vince Cable, the Liberal Democrat leadership candidate, Kenneth Clarke, the former Conservative chancellor, and Lord Falconer, the Labour peer and former lord chancellor, claim in a letter to the government that there was a “fundamental failure” in Ofcom’s investigation into the proposed £11. ...
UK public finances face twin threat from Brexit and downturn, says OBR image
Source : Guardian [Read Article] Thursday 13th of July 2017 12:07:53 PM
.... But what this report really reveals is that one of the biggest risks to our economy is Theresa May’s weak government and the last seven years of economic failure,” he said. The Liberal Democrat spokesman Vince Cable warned that the underlying weakness of government tax receipts and a “reckless approach to Brexit” were a toxic recipe likely to damage the economy. ...
Vince Cable says Brexit 'may never happen' – video image
Source : Guardian [Read Article] Sunday 9th of July 2017 11:49:33 AM
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City firm Nex to pay back donations made to Tory election candidates image
Source : Guardian [Read Article] Wednesday 5th of July 2017 07:34:34 PM
....A City business run by a former Conservative party treasurer has agreed to pay back donations made to five of the party’s general election candidates running against Liberal Democrats following a shareholder revolt. Nex, which used to be known as Icap and is one of the world’s biggest money-broking firms, is attempting to head off a rebellion at next week’s annual general meeting by announcing its chairman will personally pay back the £25,000 used to fund the candidates, including one who ran against Lib Dem leadership contender Sir Vince Cable. ...
Worldpay buyout by Vantiv reignites debate over foreign takeovers image
Source : Guardian [Read Article] Wednesday 5th of July 2017 03:04:35 PM
....On Wednesday, after Worldpay said it had agreed terms about a “possible offer” with Vantiv, JP Morgan pulled out and Worldpay’s shares ended 8% lower at 372p – the biggest fallers in the FTSE 100. Sir Vince Cable, running to be leader of the Liberal Democrats and former business secretary, tweeted: “Another top British company #Worldpay at risk following #Arm. ...
If hard Brexit is dead, the odds on a chaotic one have shortened image
Source : Guardian [Read Article] Sunday 11th of June 2017 06:00:47 AM
.... That is surely the best long-term solution. Calculating executive pay is fiendishly difficult, which is why Vince Cable, when he was business secretary, required companies to publish a “single figure” for how much their boardroom directors received each year. ...
Election 2017: Pound under pressure amid Labour surge image
Source : BBC [Read Article] Thursday 8th of June 2017 09:42:36 PM
....Election 2017: At a glance. Former Business Secretary Sir Vince Cable said "the whole Brexit approach will have to be rethought". ...
Government accused of ignoring workers' plight as UK faces pay squeeze image
Source : Guardian [Read Article] Wednesday 17th of May 2017 09:24:55 AM
....“The big question for every party is – what’s your plan to get Britain’s wages rising again?”. Liberal Democrat spokesman Vince Cable said:“This squeeze on living standards is almost certainly caused by the falling pound since the Brexit vote. ...
General election 2017: Workers' rights protections promised by Tories image
...."Theresa May and her Tory government have failed to stand up for workers, with hundreds of thousands not being paid the money owed to them, thousands unable to get their case against their employer heard, and hundreds of complaints of employment agency malpractice going un-investigated," said campaign chairman Andrew Gwynne. Vince Cable, the Liberal Democrats' former business secretary, said: "The Conservatives tried to ban workers from striking and were blocked by the Liberal Democrats in government. ...
General election 2017: Lib Dems would end public sector pay squeeze image
....Under new plans to be unveiled in their forthcoming manifesto, the Lib Dems said the end of pay restraint would result in an average additional pay rise of £779 for staff by 2021. Former business secretary Sir Vince Cable said: "Public sector workers are facing a double blow at the hands of this Conservative government, with years of pitiful increases to pay combined with a Brexit squeeze caused by soaring inflation. ...
General election 2017: 'Robin Hood tax' on City pledged by Labour image
...."In reality, it's always ordinary people who ultimately pay, including consumers and workers," said the free market think tank's chief economist, Julian Jessop. Lib Dem former Business Secretary Vince Cable said Labour's economy policy was "less Robin Hood than Mickey Mouse". ...
General election 2017: Lib Dems pledge winter fuel cuts to protect pensions image
....The triple lock was originally a feature of the Lib Dem manifesto in 2010 and a key demand when the party negotiated on the formation of the coalition government with the Conservatives. Announcing its latest pledge, former Business Secretary Sir Vince Cable said: "Liberal Democrats believe that an important test of a civilised society is the way in which it cares for the elderly. ...
Bill O’Reilly accuser to meet Ofcom as Fox News scandal threatens Sky deal image
.... Shine was not accused of harassment, but there were questions over what he knew about the network’s workplace atmosphere. In the UK, senior politicians, including the former Labour leader Ed Miliband and the ex-business secretary Vince Cable, have been outspoken critics of Murdoch’s proposed takeover. ...
Nuclear oversight needs 'urgent' action, MPs say image
Source : BBC [Read Article] Monday 1st of May 2017 11:24:39 PM
....The committee recommended delaying the UK's departure from Euratom, until alternative arrangements were in place, saying that would "minimise and disruptions to trade and threats to power supplies". Former Business Secretary Sir Vince Cable said it was "madness" to pull out of Euratom, adding it would be "a monumental waste of time and money". ...
Bankruptcy risk as ‘desperate’ councils play the property market image
Source : Guardian [Read Article] Saturday 29th of April 2017 10:10:17 PM
....Desperate councils risk being plunged into an Icelandic-style financial crisis after investing £1. 5bn in the commercial property market, according to Sir Vince Cable, former business secretary. ...
Ding ding! All aboard the ex-Lib Dem minister's solar-powered bus image
Source : Guardian [Read Article] Sunday 23rd of April 2017 03:53:02 PM
. Vince Cable and Ed Davey, the former business and energy secretaries respectively, are among the Liberal Democrats that lost their seats in 2015 who are plotting their way back to parliament in this general election. ...
Green Investment Bank sell-off described as a disaster by critics image
Source : Guardian [Read Article] Thursday 20th of April 2017 03:22:54 PM
.... Macquarie has already invested in one of Germany’s largest windfarms. However, the former Lib Dem business secretary Vince Cable questioned what would happen after the three-year period. ...
Green Investment Bank to be sold off in £2.3bn deal image
Source : Guardian [Read Article] Wednesday 19th of April 2017 08:54:43 PM
....Labour, the Liberal Democrats and the Green party have criticised the sale, questioning Macquarie’s track record and commitment to green energy. Former ministers including Lord Barker and Vince Cable also warned the taxpayer risks being shortchanged by the sale because some of its assets will be worth far more later. ...
Ofcom must block Murdoch's Sky takeover, Miliband and Cable say image
Source : Guardian [Read Article] Friday 31st of March 2017 02:48:08 PM
. Rupert Murdoch’s bid to take over Sky must be blocked because it would give him too much control of news media in the UK and he is not a “fit and proper” owner, according to a submission to Ofcom from the former Labour leader Ed Miliband and the ex-business secretary Vince Cable. ...
Grayling hopes Brexit brings new apprenticeships in train image
Source : Guardian [Read Article] Saturday 18th of March 2017 04:00:43 PM
....Amanda Clack, the president of the Royal Institution of Chartered Surveyors, warned last year that the UK is “in the grip of our worst construction skills crisis in almost 20 years”. The industry fears these problems will be worsened by Brexit, given it filled labour shortages after the EU expanded in 2004, but Leave supporters, and even the likes of Remain-voting former business secretary Vince Cable, believe secession can be used to develop skills. ...
Green Investment Bank sell-off racks up at least £1m in fees image
Source : Guardian [Read Article] Sunday 12th of March 2017 03:10:32 PM
.... The £1m consultancy cost is included in a disclosure of BEIS’s “exceptions to spending controls for July – September 2016”. Vince Cable, who launched the bank in 2012, said: “I’m sure they will justify it on the basis that they got competitive quotes for their consultants. ...
Brexit and Bochum haunt Vauxhall in the new battle for Ellesmere Port image
Source : Guardian [Read Article] Saturday 11th of March 2017 04:00:38 PM
. Vince Cable pushed at the revolving door of General Motors’ New York offices and stepped into the bustle of a February afternoon in Manhattan. ...
Co-op Bank reports loss as suitors circle image
Source : BBC [Read Article] Thursday 9th of March 2017 08:37:46 AM
....The PRA had welcomed the bank's decision to put itself up for sale. But the planned sales raised concerns from the former business secretary, Sir Vince Cable, and two Treasury Committee MPs. ...
Vauxhall's Luton and Ellesmere Port factories will face battle after 2021 image
.... That plant was efficient and profitable, it was just easier to sack workers here than in France,” he said. Sir Vince Cable, the business secretary between 2010 and 2015, also warned that the French and German governments would lobby heavily win the right to produce the Astra in their plants. ...
Vauxhall deal prompts cautious optimism from UK government image
Source : BBC [Read Article] Monday 6th of March 2017 03:37:53 PM
....". Former Business Secretary Sir Vince Cable expressed concerns about jobs because of the government's "lack of commitment to the customs union and the single market". ...
Vauxhall-Opel sold by GM to Peugeot-Citroen image
Source : BBC [Read Article] Monday 6th of March 2017 07:31:41 AM
....". But former Business Secretary Sir Vince Cable expressed concerns about jobs because of the government's "lack of commitment to the customs union and the single market". ...
Peugeot owner PSA close to deal to buy Vauxhall and Opel image
Source : Guardian [Read Article] Saturday 4th of March 2017 07:26:55 AM
.... The PSA boss offered assurances about existing production commitments being met – meaning the UK plants would stay open until at least 2021 – and pointed out the company did not have a track record for shutting plants. However, Sir Vince Cable, the business secretary between 2010 and 2015, warned that Britain’s exit from the European Union could lead to cuts at Vauxhall. ...
A Mini part's incredible journey shows how Brexit will hit the UK car industry image
.... The Automotive Investment Organisation – part of UK Trade and Investment – is still working to boost investment. However, Sir Vince Cable, the business secretary between 2010 and 2015, said the progress of the industry since the financial crisis was at risk. ...
Ford Bridgend: Welsh secretary 'optimistic' over future image
Source : BBC [Read Article] Thursday 2nd of March 2017 06:05:24 AM
....He said Brexit was "having an effect" and insisted the UK automotive industry was "looking positive". But former business secretary Sir Vince Cable said there were "big uncertainties" around Vauxhall's Ellesmere Port and Luton factories and "bits and pieces of the UK car industry are drifting away". ...
Green Investment Bank: Australian bidder woos MPs as protests continue image
Source : Guardian [Read Article] Thursday 23rd of February 2017 10:33:25 AM
....The Australian investment bank on the verge of buying the UK’s publicly owned Green Investment Bank has launched a Westminster charm offensive after parliamentarians of all parties told Theresa May to halt the £2bn sale. Green party co-leader Caroline Lucas, the Lib Dems’ Vince Cable and former Tory minister Gregory Barker last month warned that a sale to Macquarie would put the bank’s green purpose at risk and its most valuable assets, such as large windfarms, could be sold off. ...
Unite leader warns GM his union will not accept any Vauxhall job losses image
Source : Guardian [Read Article] Wednesday 15th of February 2017 02:13:22 PM
.... It nearly sold the division after going bankrupt in 2009 and the Ellesmere Port Vauxhall factory – dubbed“home of the Astra” – came very close to closure in 2012. Its future was only assured after the then business secretary, Vince Cable, flew to the US to reassure GM bosses that the government was committed to the car industry. ...
General Motors looks to sell loss-making Vauxhall and Opel image
Source : Guardian [Read Article] Tuesday 14th of February 2017 01:42:44 PM
....Talks over a sale are likely to reawaken concerns over the future of Opel’s UK operations, just four years after its Ellesmere Port plant came perilously close to closing. GM kept the plant open only after Vince Cable, then business secretary, travelled to Detroit to agree a deal and reassure the firm about the government’s commitment to the industry. ...
Former Rolls-Royce boss questioned in corruption inquiry image
Source : Guardian [Read Article] Friday 10th of February 2017 11:31:33 AM
....While boss of Rolls-Royce, Rose was regarded as a captain of industry and a leading figure in British business. When Rose announced his retirement from Rolls-Royce in 2010, Sir Vince Cable, then the business secretary, described him as a “champion of UK advanced manufacturing” and praised the “huge contribution he’s made to strategic thinking both within business and government on growing global market share”. ...
Ed Miliband asks Ofcom for inquiry into Rupert Murdoch Sky bid image
Source : Guardian [Read Article] Thursday 9th of February 2017 06:33:05 PM
.... Although it cleared the broadcaster, Murdoch’s son James was heavily criticised over his role as chairman of News International when the news of the phone-hacking scandal at the News of the World broke. The letter’s other signatories include Vince Cable, who was the business secretary when the Murdochs launched their first bid for the whole of Sky in 2011, the Conservative peer Lady Warsi, Lady O’Neill, a crossbencher, and Lord Falconer, a Labour peer and barrister. ...
The Econocracy review – how three students caused a global crisis in economics image
....The students’ entrepreneurialism is evident in this book. Packed with original research, it comes with pages of endorsements, evidently harvested by the students themselves, from Vince Cable to Noam Chomsky. ...
Universities minister announces sale of student loan book image
Source : Guardian [Read Article] Monday 6th of February 2017 03:28:59 PM
....”. An earlier plan to sell was scrapped in 2014 by the then business secretary Vince Cable, after he said the Conservative-Liberal Democrat coalition would not achieve its stated aim of reducing government debt. ...
Hurrah for the industrial strategy. At last Britain has a plan image
Source : Guardian [Read Article] Sunday 22nd of January 2017 06:59:23 AM
....Nonetheless, almost nine out of 10 business leaders surveyed by the influential Institute of Directors (IoD) said that they were in favour of an industrial strategy. Javid’s predecessors in the role of business secretary, Lord Mandelson and Sir Vince Cable, both happily adopted the concept. ...
Calls for ex-Rolls-Royce CEO to lose knighthood after firm admits bribery image
Source : Guardian [Read Article] Wednesday 18th of January 2017 07:48:18 PM
.... Under Rose’s management Rolls-Royce’s profits rose more than fivefold, and he was widely praised as a captain of industry upon stepping down in 2011. Vince Cable, the then-business secretary, praised him as “a tremendous business leader”. ...
MPs tell Theresa May to halt sale of Green Investment Bank image
Source : Guardian [Read Article] Wednesday 11th of January 2017 03:04:21 PM
....“. Vince Cable, the Lib Dem former business secretary, has also written to the government arguing that the special share would not prevent a breakup. ...
Green Investment Bank sale is 'deeply troubling', say Scottish ministers image
Source : Guardian [Read Article] Thursday 5th of January 2017 09:57:44 AM
....While the Scottish government issued a statement voicing its concerns just before Christmas, the letter reveals the extent of its frustration, with Brown saying he was disappointed Hurd had not taken a call from him, and warning he would continue to press ministers on the issue. Vince Cable, who as former business secretary launched the bank in 2012, told the Guardian he “fully shared” Scotland’s concerns. ...
Creative industries are key to UK economy image
Source : Guardian [Read Article] Sunday 1st of January 2017 12:05:41 AM
.... Around the world, our fashion and design, our video games and theatre, are our calling cards. During the coalition government, the then business secretary, Vince Cable, didn’t even recognise the creative industries as an industry, an omission that made no economic sense at the time or since. ...
Rupert Murdoch: 'I've never asked any prime minister for anything' image
Source : Guardian [Read Article] Monday 19th of December 2016 01:57:06 PM
....The culture secretary, Karen Bradley, has 10 working days from being notified to tell Ofcom whether a public interest investigation into the proposed takeover should be launched. The former Labour leader Ed Miliband and former business secretary Vince Cable have called for the takeover to be blocked and referred to the regulator. ...
The Fox-Sky row isn’t going away, no matter how much ministers ignore it image
Source : Guardian [Read Article] Sunday 18th of December 2016 06:59:44 AM
.... May has not even made a clear, public pledge to properly analyse the transaction. In contrast, Gordon Brown, Vince Cable, Tom Watson and plenty of other politicians outside government have had lots to say about the proposal – mainly that May must ensure that Ofcom conducts a public-interest test on the deal, seriously consider whether the Murdochs are fit and proper people to control Sky and its news operations, or even simply block the proposal. ...
Murdoch’s Sky deal must be blocked, say senior opposition figures image
Source : Guardian [Read Article] Saturday 17th of December 2016 11:05:16 PM
. James Murdoch’s continued role in his father’s media empire is sufficient reason for the proposed takeover of Sky by 21st Century Fox to be blocked, say Ed Miliband and Vince Cable. ...
Pressure grows to refer Rupert Murdoch's Sky bid to Ofcom image
Source : Guardian [Read Article] Monday 12th of December 2016 05:38:11 PM
....Pressed twice about whether May discussed the takeover or any political support offered to her by Murdoch’s newspapers at the meeting, Hancock refused to answer. When Vince Cable, the former business secretary, announced the public interest test for the 2011 bid, the Murdochs had agreed to spin off Sky News into a company with an independent editorial board. ...
Murdoch Sky bid: government faces urgent question image
Source : Guardian [Read Article] Monday 12th of December 2016 01:28:48 PM
....The offer has sparked a major political row, with former Labour leader Ed Miliband calling on the prime minister, Theresa May, to refer the bid to Ofcom and the Competition and Markets Authority (CMA). Vince Cable, the former Lib Dem business secretary who referred Murdoch’s previous bid for a public interest test in 2010, said on Friday: “The way Theresa May’s government deals with this is a test of their independence from the influence of large proprietors. ...
Top Sky executives stand to make £40m in Murdoch buyout image
Source : Guardian [Read Article] Sunday 11th of December 2016 05:30:20 PM
....Since then, Murdoch’s empire has been split in two, with Fox having the TV and film businesses, and News Corp the newspapers and book publishing interests. Vince Cable, the Liberal Democrat who was business secretary in 2011, has called for an investigation amid concerns about “media plurality”. ...
Ex-BBC chief calls on Theresa May to resist Rupert Murdoch’s Sky bid image
Source : Guardian [Read Article] Saturday 10th of December 2016 07:16:50 PM
.... News Corp is a separate entitiy from Fox, which means the bidding firm no longer owns UK newspapers. However the former business secretary Vince Cable, who referred the 2011 deal to the competition authorities before Murdoch withdrew his interest, claimed the concerns now were the same as they were five years ago. ...
21st Century Fox in bid approach for Sky image
Source : BBC [Read Article] Friday 9th of December 2016 04:32:51 PM
....The bid was ultimately abandoned in mid-2011 in the wake of widespread opposition and the fallout from the phone hacking scandal that prompted the closure of the News of the World newspaper. Vince Cable, the Liberal Democrat business secretary at the time of the 2010 bid, said the new offer threatened media plurality in the UK. ...
Rupert Murdoch's Fox makes Sky bid five years after hacking scandal image
Source : Guardian [Read Article] Friday 9th of December 2016 04:16:00 PM
....“The bid must also be judged on its likely impact on the UK news market and the provision of robust and independent journalism,” he said. Vince Cable, the former Lib Dem business secretary, said the proposed takeover was a test of the government’s independence from large media owners. ...
The Guardian view on British business: stop stroking the fat cats | Editorial image
.... This is a small but necessary step towards greater transparency. It was always puzzling to hear former business secretary Vince Cable’s argument that this would make Goldman Sachs, with its phalanxes of well-paid bankers, look fairer than Waitrose and its lower-paid till assistants. ...
Government called on to take bolder action on corporate reform image
Source : Guardian [Read Article] Tuesday 29th of November 2016 01:30:49 PM
....It is the latest attempt by politicians to react to a public outcry over pay. In 2012, the then business secretary, Vince Cable, made changes to the way directors’ pay was announced and introduced a binding vote on pay every three years. ...
Executive pay: Companies told to justify rates image
Source : BBC [Read Article] Tuesday 29th of November 2016 12:07:41 AM
.... . Former Business Secretary Vince Cable proposed them four years ago, but he dropped the idea because of what he called the "Goldman-Waitrose issue". ...
Treasury WILL launch sale of £100bn for student loans next SPRING image
Source : Daily Express [Read Article] Sunday 27th of November 2016 12:01:00 AM
....The Coalition’s 2013 sale of £900million of mortgage-style student loans that were taken out between 1990 and 1998 was roundly criticised as it only raised £160million. Later that year, then chancellor George Osborne’s attempt to sell parts of the income contingent student loan book was foiled by Coalition colleague and former business secretary Vince Cable. ...

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