Results tagged “vince cable”

The Financial Services Authority is continuing its plans for expansion following indications of a reprieve under the coalition Government.

The future of the regulatory body has been under threat for more than a year because of Tory plans to transfer its powers to the Bank of England.

Doom-mongering economists and scientists are keen to remind us that we are battling the twin evils of a financial downturn and an environmental Armageddon.

Vince Cable, the man who might be chancellor in a hung parliament, believes both of these problems can be tackled at the same time.

By Andrew Williams

The last couple of years have not been easy for businesses in the UK. With the financial system in meltdown, household names going to the wall or being sold and banks holding out the begging bowl, it has been a crazy time to be running a business.

Vince Cable has backed the Financial Services Authority to turn from "poacher to gamekeeper".

The respected Lib Dem deputy leader has regularly criticised the FSA over its handling of Northern Rock, HBOS and consumer protection in recent months.