Will Nick ignore Vince and go for growth?

Vince Cable’s reaction to the coming publication of the Beecroft report — which Pete blogged earlier — suggests that the memo on a more cooperative, coalition attitude to growth hasn’t reached the Business Department. The full-on hostility from Cable’s crew to the proposals shows that he remains set against any further deregulation of the labour market.

The question now is whether Nick Clegg overrules the Business Secretary. Relations between Clegg and Cameron are warmer at the moment than they have been for a while, the pair dined together with their wives on Thursday night.

Aides to both men have been acknowledging in recent days that both sides are going to need to give something in pursuit of growth. Beecroft is now the first major test of this new approach. If Clegg doesn’t overrule Cable, it will be a major blow to the attempt to piece together a coalition growth agenda.