Home / Quotes / Quote by Vince Cable

Quote by Vince Cable

“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.”

Quote by Vince Cable

Author

Vince Cable is a seasoned British politician born on May 9, 1943. He has held significant positions within the British Labour Party and the Liberal Democrats, and has served in various roles within the UK government. Cable is known for his expertise in finance and business, serving as the Secretary of State for Business, Innovation and Skills. more

You May Also Like

“The economy has become seriously unbalanced. Its growth has not been driven by investment or by overcoming Britain's long-standing weaknesses in investment and productivity, particularly skills. Instead, there has been a binge of debt-financed consumer spending.”

Long Has Beens Growth Economy Skills Weakness Standing Overcoming Investment Debt Spending Driven Productivity Consumers Britain Binge Unbalanced

Author:Vince Cable

“The food in the House of Commons is fairly good. The cafe in Portcullis House is really very high quality, and you also have a choice of eating in the more traditional restaurants, the Churchill Room or the Members' Dining Room. I don't often eat in them, though, as I'm usually on the run.”

Running Choices House Rooms Quality Members Eating Traditional Restaurants Dining High Quality Cafes Dining Rooms House Of Commons

Author:Vince Cable

“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.”

Long Real Moments Problem Culture Term Industry Profit British Obsession Recovery Long Term Trading Short Term Real Problems

Author:Vince Cable

“There was, of course, a global financial crisis. But our Labour predecessors left Britain exceptionally vulnerable and damaged: more personal debt than any other major economy; a dangerously inflated property bubble; and a bloated banking sector behaving as masters, not the servants of the people.”

People Courses Left Economy Masters Majors Crisis Property Financial Debt Vulnerable Servant Britain Labour Bubbles Banking Predecessors Financial Crisis Banking Crisis

Author:Vince Cable

“When Gordon Brown becomes prime minister, the balance sheet that reflects his economic stewardship could look very sickly indeed. He could become Labour's biggest liability, not its most marketable asset.”

Looks Economic Balance Ministers Brown Labour Prime Assets Sheets Prime Minister Stewardship Liability Balance Sheets

Author:Vince Cable

“When I was a child we were sufficiently well off for me to be a picky eater and I still cannot eat vegetables cooked in the traditional British manner.”

Wells Children Stills British Traditional Vegetables Picky

Author:Vince Cable

“You can't win with some people. If you're not in government, you're criticised for being not serious. If you are in government, you're criticised for wanting power. That's the Labour party's line of attack, and it's a bit ridiculous.”

People Ifs Government Winning Bits Lines Party Serious Ridiculous Labour Can't Win Labour Party

Author:Vince Cable

“I just think people should be able to express themselves.”

People Thinking Should Able

Author:Vince Carter

“I started writing songs at age 15.”

Writing Age Song Writing Songs

Author:Vince Clarke

“I'm a lover of songs.”

Author:Vince Clarke