Amendment of the Law

Part of the debate – in the House of Commons at 1:21 pm on 22 March 2012.

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Photo of Vincent Cable Vincent Cable The Secretary of State for Business, Innovation and Skills 1:21, 22 March 2012

I will take the intervention in a moment.

A narrative has developed in which one man was responsible for this fiasco, but it was a genuine team effort, and the shadow Chancellor was an absolutely key member of that team. Being lectured now on how to manage an economy is a little bit like being given a talk on seamanship by the captain of the Costa Concordia—another believer in light-touch steering.