Politics

A luminous streak of self-aggrandisement in Vince Cable’s speech to the CBI this afternoon, which began thus: “I should acknowledge that that the CBI has been remarkably far sighted; Digby Jones first invited me to speak to you eight years ago, the first Lib Dem asked to do so. I recall some members wondering ‘Vince Who?'” And continued, as Paul Waugh notes in a typically insightful post, with a passage that will wind up the Business Secretary’s detractors in the Tory party: “Just a few years ago, most people in politics, not only Gordon Brown, thought the growth problem had been solved. The only dispute was between those who shared

David Cameron’s first battle with the EU opens on Thursday. Angela Merkel and Nicolas Sarkozy hope to introduce a treaty that will deliver tough sanctions on eurozone members that break budget guidelines. Their success rests on David Cameron’s support. Europe is built on quid pro quos, so Cameron will ensure that the new treaty does not prejudice Britain whilst also seeking to repatriate competences. He will avoid the more avant garde suggestions of outspoken eurosceptics – he knows that a UK Sovereignty Bill and exemption from pan-European customs arrangements are unfeasible unless Britain rescinds its membership – and, in the delicate context of coalition, seek practical assurances instead. The regulation

An opportunity to compare-and-contrast David Cameron and Ed Miliband outside the sweaty heat of PMQs, with both party leaders delivering speeches to the CBI this morning. Given the audience, both majored on business, enterprise, and all that – and it meant there was plenty of overlap on areas such as green technology and broadband. There were some differences, though, that are worth noting down. Cameron was first up, setting out a three-step plan for boosting British business. Broadly speaking, it revolved around what the government is trying to achieve in the Spending Review – and so the PM boasted that, “last week, we took Britain out of the danger zone.”

By his own admission, to today’s Mail, David Cameron is not afraid of unpopularity. On hearing this, a few quizzical grins may break across his critics’ faces, but, undeniably, the government’s fate was cast this week: either its fiscal plan will work or it won’t. Cameron is unperturbed because he is sure that he is right – not only in his political and economic judgement, but also in terms of morality. It is ‘right’ that everyone contributes, ‘right’ that the affluent forgo some state-awarded privileges, ‘right’ that those who have scrounged are made to toil, ‘right’ that those who were subsumed by welfare dependency are freed, ‘right’ that Britain honour its pledge

On Monday night, all new Conservative MPs were summoned to a meeting with the chief whip in Portcullis House. On Monday night, all new Conservative MPs were summoned to a meeting with the chief whip in Portcullis House. The chief, a former miner who couldn’t be more different from the gilded youth of David Cameron’s A list, impressed on them the line for the week: the Conservatives do not want to be making these cuts — they are a matter of regrettable necessity. This reminder was largely unnecessary. The new MPs know the script. It is not the whole truth, though. Talk to almost any Conservative MP and they’ll tell