The real problem at the moment is that the banks - because of their existing culture, which is frankly anti-business, obsession with short-term trading profits, not focusing on the long term - are throttling the recovery of British industry.
Vince CableThe degree of leverage now being reversed is on a staggering scale, and the underlying global imbalances – notably between the savers and the spenders – will require long and painful adjustment.
Vince CableI have managed to infuriate the bank bosses; acquire a fatwa from the revolutionary guards of the trades union movement; frighten the 'Daily Telegraph' with a progressive graduate payment; and upset very rich people who are trying to dodge British taxes. I must be doing something right.
Vince CableI'm now happily remarried to a good cook, which encourages me to be lazy. I like to think that I'm a new man, but perhaps I'm not. I offset it by doing the ironing, though. She has a small farm in the New Forest with a herd of cattle, so she serves up a steak and kidney pie made with her own beef.
Vince Cable