Commenting on the warnings from Sam Woods, chief executive of the Prudential Regulation Authority, of a 'cliff edge' for financial systems, Leader of the Liberal Democrats Vince Cable said:
“The warnings from the financial regulator have to be taken seriously. He has no political axe to grind. And the Bank of England has to be on guard. The 10th anniversary of the beginnings of the banking crisis is a reminder of what happens when warnings of financial instability are not taken seriously enough.Read more
Responding to Jeremy Corbyn's statement on Venezuela, leader of the Liberal Democrats Vince Cable said:
"Labour have again failed to condemn President Maduro as he slides his country closer to dictatorship. It remains a source of fascination that the far left see what is happening in Venezuela as some kind of role model for British politics.Read more
Vince Cable has responded to calls by Mervyn King, former governor of the Bank of England, for the government to come up with a "Brexit fallback" if negotiations with the EU27 end with no deal.Read more
Mental health plan is all bark no bite.
Commenting on the latest plans for mental health care, Liberal Democrat Shadow Health Secretary Norman Lamb said:
“This is a government that is all bark and no bite.
Research from Churchill Car Insurance has revealed that drivers across the UK are wasting nearly £2.2bn every year because they don't have the right change to pay for parking,
According to the study, the average amount overpaid is £2.68 per week, working out as £139.36 every year per driver.
£1bn DUP deal could have paid for 13 teachers in Bournemouth
The government's £1bn deal with the DUP could have paid for at least one extra teacher for every secondary school across the UK, including 13 more teachers in Bournemouth, research by the Liberal Democrats has revealed.
Official figures show there are 4,169 state-funded secondary schools in the UK and that the average cost of employing a teacher is £44,500. This means if the additional £1bn had been distributed evenly among the UK's schools, each would receive £240,000, enough to hire one additional teacher over the next five years.
This would have meant an additional £2.88m of spending on schools in Bournemouth, enough to hire 13 teachers, or more than one extra teacher for every secondary school in the area.
Brexit one year anniversary – Brexit starts to bite says Farron
As we mark the anniversary of the Brexit referendum vote today (Friday), Tim Farron said the consequences are growing more apparent.
Today (22nd June) the High Court ruled that the government’s imposition of the benefit cap on lone parents of under-twos is unlawful and has resulted in “real misery”, said the Liberal Democrats.
Many of these parents find it impossible to work alongside their caring commitments, defeating the purpose of the cap which is designed to incentivise work. A minimum of 16 hours of work a week is required to evade the cap.
Bournemouth Parliamentary Candidates, Phil Dunn and Jon Nicholas have welcomed news that Theresa May appears to have dropped plans to scrap free school lunches for infant pupils from tomorrow's Queen's Speech.
Now that it has emerged that the cladding on the Grenfell Tower is already banned in this country, we demand answers and accountability for the utterly needless loss of life in last week's fire. The inquiry that follows this horrific event must be open and transparent with those responsible brought to book.
How many more buildings up and down the country are covered with this deadly cladding?