Top 10 Vince Cable Quotes

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Last Updated on May 30, 2021

Chance
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Nov 07, 2020

When my job was attempting to predict future economic developments for the Shell oil company, I was frequently reminded of an Arabic saying: 'Those who claim to foresee the future are lying, even if by chance they are later proved right.'

Long
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Nov 07, 2020

The degree of leverage now being reversed is staggering, and the underlying global imbalances - notably between the savers and the spenders - will require long and painful adjustment.

Balance
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Nov 07, 2020

Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences.

Flagrant
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Nov 07, 2020

Where there is flagrant abuse of corporate entities we must and will seek to tackle it.

Ale
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Nov 07, 2020

Small- and medium-sized businesses need access to a diverse range of finance options, including non-bank lending. These new forms of finance are still small in scale today but they should, over time, bring additional choice and greater competition to the lending market.

Business
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Nov 07, 2020

We need a new British business bank with a clean balance sheet and an ability to expand lending rapidly to the manufacturers, exporters and high-growth companies that power our economy. Today I can announce we will have one.

Own
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Nov 07, 2020

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.

Education
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Nov 07, 2020

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.

Economy
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Nov 07, 2020

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.

Extraordinarily
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Nov 07, 2020

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.

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