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Vincent Cable

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Cable, Vincent (91)

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When I negotiated in Government alongside the trade unions in the discussions with General Motors to save and then expand the plant, it was clear that the whole business model for Vauxhall car production—and van production at Luton—depended on the common standards in the single market and the common tariff...

Member
Vincent Cable (Liberal Democrat)
Type
Proceeding contributions
Date
16 October 2017
Reference
629 c607
House
House of Commons

I congratulate the hon. Member for Harlow (Robert Halfon) on securing this Adjournment debate and on the very passionate and lucid way in which he set out his case. He has been an assiduous constituency MP when faced with a major closure and a lot of personal hurt. I very...

Member
Vincent Cable (Liberal Democrat)
Type
Proceeding contributions
Date
10 May 2013
Reference
563 cc343-6
House
House of Commons

Motion to adjourn agreed to on question.

Lead member
Robert Halfon
Answering member
Vincent Cable
Department
Department for Business, Innovation and Skills
Type
Adjournment debates
Date
10 May 2013
Reference
563 cc343-6
House
House of Commons

The inquiry that the Department is now carrying out will be into the conduct of the directors, and various consequences will flow from that. We cannot investigate the wider social consequences, but the hon. Gentleman is quite right that severe loss has been suffered, not just by the workers but by the Government, who are having to make up the redundancy pool.

Answered by
Vincent Cable (Liberal Democrat)
Answering body
Department for Business, Innovation and Skills
Type
Oral answers to questions
Date
20 December 2012
Reference
555 c992
House
House of Commons
Lead member
Vincent Cable
Department
Department for Business, Innovation and Skills
Type
Observations on petitions
Date
26 January 2012
Reference
539 c1-2P
House
House of Commons

The Government believe the UK economy should be supported by a framework of laws that ensures we have a strong and efficient labour market which is flexible, effective and fair. Today the Government are announcing a series of measures following outcomes from our employment law review process. Employment Tribunal Reform...

Member
Vincent Cable (Liberal Democrat)
Department
Department for Business, Innovation and Skills
Type
Written statements
Date
23 November 2011
Reference
536 c26-8WS
House
House of Commons
Absolutely. I am resolute, and I hope that my colleagues on the Opposition Benches will work with me in combating both.
Answered by
Vincent Cable (Liberal Democrat)
Answering body
Department for Business, Innovation and Skills
Type
Oral answers to questions
Date
27 October 2011
Reference
534 c467
House
House of Commons
No, I cannot confirm that, but I will speak to my colleague at the Department for Culture, Media and Sport about the impact on the art market, and how we propose to proceed with that in the European Union.
Answered by
Vincent Cable (Liberal Democrat)
Answering body
Department for Business, Innovation and Skills
Type
Oral answers to questions
Date
27 October 2011
Reference
534 c467-8
House
House of Commons
That certainly is not the case, but the hon. Gentleman has a perfectly valid point in relation to bank lending. That is absolutely the case, and, as a result of the agreement that we have reached with the banks, they have—certainly in the first two quarters—achieved the gross lending objectives that we set them, but there is a lot more to do. Surveys show that a shortage of credit is a serious problem, and we have to continue to work with the banks and, where necessary, to require them to make credit available to the economy.
Answered by
Vincent Cable (Liberal Democrat)
Answering body
Department for Business, Innovation and Skills
Type
Oral answers to questions
Date
27 October 2011
Reference
534 c466
House
House of Commons
As my hon. Friend knows, there is a mechanism for dealing with official debt, through the Paris Club, but I will certainly undertake to speak to my colleague, the Secretary of State for International Development, to ask what concessional assistance we are giving to Egypt. The matter does not directly bear on my Department, but I accept that there is a link with the promotion of trade.
Answered by
Vincent Cable (Liberal Democrat)
Answering body
Department for Business, Innovation and Skills
Type
Oral answers to questions
Date
27 October 2011
Reference
534 c466-7
House
House of Commons

We certainly do not have any doctrinal or other objections to foreign ownership. I spend a lot of my time trying to attract foreign investors to the country, but, as far as the royal charter is concerned, it is clear that the association with the monarchy is probably the most...

Member
Vincent Cable (Liberal Democrat)
Type
Proceeding contributions
Date
27 October 2010
Reference
517 c356-7
House
House of Commons

Of course it does need to be done anyway, but as I explained a few moments ago, the key point about bringing in private capital is that it brings in investment as well as new and better methods of management. There are separate issues involved. However, the right hon. Gentleman...

Member
Vincent Cable (Liberal Democrat)
Type
Proceeding contributions
Date
27 October 2010
Reference
517 c360-1
House
House of Commons

We cannot do it in that way. Of course, other companies have access to the market, subject to strict conditions, but we envisage that Royal Mail will continue to be the universal service provider: that is the basis on which we are proceeding. The Bill puts in place three new...

Member
Vincent Cable (Liberal Democrat)
Type
Proceeding contributions
Date
27 October 2010
Reference
517 c361
House
House of Commons

It is a solution on which I hope that Members in all parts of the House can agree, including the right hon. Gentleman.

Member
Vincent Cable (Liberal Democrat)
Type
Proceeding contributions
Date
27 October 2010
Reference
517 c360
House
House of Commons

I understand that my hon. Friend the Under-Secretary is very familiar with this and has spent a lot of time talking to the pension trustees. There is a whole set of reasons behind this deficit, one of which is that employees are living longer; another is that the pension fund...

Member
Vincent Cable (Liberal Democrat)
Type
Proceeding contributions
Date
27 October 2010
Reference
517 c360
House
House of Commons

Yes, it is true, but the liabilities are much bigger. I shall explain in a moment how we will deal with the assets. The pension deficit, which is the starting point, threatens the very existence of the company. It is draining cash from Royal Mail's modernisation and preventing it from...

Member
Vincent Cable (Liberal Democrat)
Type
Proceeding contributions
Date
27 October 2010
Reference
517 c358-60
House
House of Commons

I believe I have given my hon. Friend that reassurance. Royal Mail will not subsidise its competitors, protections will be built in and there will be a genuine regulatory level playing field in a way that has not been quite true in the past. Previous attempts at legislation on Royal...

Member
Vincent Cable (Liberal Democrat)
Type
Proceeding contributions
Date
27 October 2010
Reference
517 c362-3
House
House of Commons

I am not making these commitments as political commitments. They are enshrined in regulation—regulation that will be strengthened and has the force of law. Of course, that is political in the widest sense if one regards this Parliament as political. The protections are going to be legal and regulatory; this...

Member
Vincent Cable (Liberal Democrat)
Type
Proceeding contributions
Date
27 October 2010
Reference
517 c361-2
House
House of Commons

I will take one more intervention and then move to a conclusion.

Member
Vincent Cable (Liberal Democrat)
Type
Proceeding contributions
Date
27 October 2010
Reference
517 c362
House
House of Commons

I am going to go on to explain the new mechanism. Would the hon. Gentleman like to wait until I reach the end, or does he wish to intervene on that particular point?

Member
Vincent Cable (Liberal Democrat)
Type
Proceeding contributions
Date
27 October 2010
Reference
517 c358
House
House of Commons