CBI submission highlights Government’s dangerous position says Cable

3.39.00pm GMT Sun 7th Mar 2010

Responding to the CBI’s submission to the Chancellor urging him to use  his last Budget before the election to set out more details of spending plans for government departments in order to boost confidence in the UK’s public finances and provide economic stability, Vince Cable said:

“This submission highlights how dangerous the Government’s position is.

“The country can’t afford to have political parties playing politics with the public finances.

“The British people and the markets have the right to know how and when each political party will tackle the deficit.

“The Liberal Democrats have made it clear that the point at which we cut spending will be based on economics and not political dogma.

“While Labour buries its head in the sand and the Tories mire themselves in confusion, only the Liberal Democrats have produced a credible and coherent plan for dealing with the deficit.”