Vincent Cable

WILLIAM REES-MOGG: Alistair Darling's plan to help the economy will run us into enormous debt

That's another £118bn mess he's got us into: Alistair Darling's plan to help the economy will run us into enormous debt One of the most agreeable privileges of belonging to the House of Lords is that one can listen to any of...

Obama's Win Stirs Cautious Optimism in Britain

Nov 28, 2008

President-elect Barack Obama's election victory has prompted both excitement and reflection among Britons. Margaret Warner reports on the impact of Mr. Obama's win on Britain's relationship with the U.S. and on British...

David Cameron angers TUC with threat to public sector pensions

David Cameron has angered public-sector workers by promising to end the "apartheid in pensions" that often guarantees them more generous payments in old age than their private-sector counterparts. The Conservative leader told a...

Editorial: Buddy, can you spare a dime?

The House of Commons spent three hours yesterday mostly talking about the wrong thing. This was the fault of both main parties, neither of which wants to admit that the most painful and necessary part of Britain's economic...

Edward Pearce: Need savings? Let's cancel Trident 2

Two points not made about Alistair Darling's statement ought to be made. First, George Osborne's contribution was a loud-mouthed and shaming disgrace. It is the measure of Osborne's quality that this news will come to him as...

VAT rise to 18.5% was scrapped at last minute

By Vanessa Houlder and George Parker The government considered raising value added tax to a record 18.5 per cent, it emerged last night, prompting the Conservatives to claim they had unearthed a “secret Labour tax bombshell”....

DWP shaves £50m off major projects

The Department for Work and Pensions has cut 3.1 per cent from the cost of nine of its largest IT programmes since March. The nine projects now have total estimated costs of £1.56bn, £50m less than the £1.61bn when the...

With the battle lines drawn, Labour has a chance to help the weakest

It seems only yesterday that wise commentators were talking of a political consensus, of co-operation between the parties, and even of including leading opposition party figures on the National Economic Council, established to...

Gearing Up for Big Rail Expansion

The rail companies are preparing for a big expansion of local rail provision in the next few years and Network Rail is moving to acquire the disused Feltham Marshalling Yard (on the Hounslow/Richmond border) for parking trains...

Vincent Cable: Get the financial plumbing working

Banks are at the centre of the vortex which is pulling down the economy and hundreds of thousands of jobs The financial crisis is now hitting the real economy where it really hurts. It is truly shocking that the government has...

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