Phrase by 'Vince Cable'
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Regulators are a backstop: they don't own banks. The governance at the top of our leading banks has been shown to be lamentably weak. No one at the top of Barclays will take responsibility for systemic abuse.
Author: Vince Cable - British PoliticianOwn , Will , Responsibility , Abuse
Now the main areas of higher education that still enjoy considerable financial support from government are subjects like engineering and science and the research ringfence which is the basic minimum to protect Britain's scientific competitiveness.
Author: Vince Cable - British PoliticianScience , Education , Support , Enjoy
We do recognise that there are areas where the current financial services market, the banking market, just isn't working for chunks of the British economy.
Author: Vince Cable - British PoliticianJust , Economy , Financial , Banking
We have sectors of the economy, aerospace is a good example, where Britain's probably the second country in the world, the automobile sector, where we've done extraordinarily well, an enormous amount of investment over the last couple of years, life sciences is another.
Author: Vince Cable - British PoliticianLife , World , Good , Country
We've been a bit too defensive about the European Union rules. We don't want to become protectionist and nationalist in the way we buy things but we think we could do a lot more to promote British business through procurement.
Author: Vince Cable - British PoliticianThink , Way , Business , Rules
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.
Author: Vince Cable - British PoliticianMoment , Long , Culture , Problem
Britain is no longer one of the world's price setters. It is painful. It is a challenge to us in government to explain all that, and it is a pity that the political class is not preparing the public for it to understand how massive the problem is.
Author: Vince Cable - British PoliticianWorld , Political , Challenge , Government
So I went into government with a clear mind about what the problems were, and what needed to be done.
Author: Vince Cable - British PoliticianMind , Problems , Done , Government
I am going to confront the old-fashioned negative thinking which says that all government needs to do to generate growth is cut worker and environmental protections, cut taxes on the rich and stroke 'fat cats' until they purr with pleasure. I'm completely repudiating the idea that government has to get out of the way.
Author: Vince Cable - British PoliticianI Am , Thinking , Growth , Environmental
Our workforce is very co-operative, very flexible, easy to work with and one of the big selling points. The idea that Britain is still back in the labour market of the '70s is utterly bizarre.
Author: Vince Cable - British PoliticianWork , Back , Easy , Big
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