Responding to Jeremy Hunt's letter to large tech corporations, leader of the Liberal Democrats Vince Cable said: "Although clearly action must be taken to address the disproportionate power of large tech corporations, Hunt is wrong to threaten this sector with more ill-thought-out legislation. "Technology and social media are here to stay, and we must establish … Continue reading Vince Cable: tech sector threatened with ill-thought-out legislation
Vince Cable: Short term speculators should not decide the future of crucial companies
Commenting on the takeover of GKN by Melrose Leader of the Liberal Democrats, and former Business Secretary Vince Cable said: “The very narrow result (like Brexit!) suggests that this takeover is not universally popular amongst shareholders. It seems it was only secured through votes from short term speculators. “It is absolutely crucial that the … Continue reading Vince Cable: Short term speculators should not decide the future of crucial companies
Tim Clement-Jones: the gambling industry must sit up and take notice
Responding to the news that SkyBet has been fined £1 million for failing to protect vulnerable gamblers, Tim Clement-Jones, Liberal Democrat Spokesperson the Creative Industries, said: “This fine should make the rest of the industry sit up and take notice that they must take their responsibilities towards customers seriously. "If people have been allowed to … Continue reading Tim Clement-Jones: the gambling industry must sit up and take notice
Jane Bonham-Carter: Brexit threatens Creative Industries
Responding to the launch of the Creative Industries sector deal, Jane Bonham-Carter, Liberal Democrat Spokesperson on Digital, Culture, Media & Sport, commented: "Whilst we welcome the government's announcement of additional investment in the Creative Industries and the recognition of the crucial contribution the sector makes, Brexit still looms and is indeed now biting. "21% of businesses within … Continue reading Jane Bonham-Carter: Brexit threatens Creative Industries
Vince Cable urges business leaders to fight Brexit
Today in the heart of the City of London, Leader of the Liberal Democrats Vince Cable urged business leaders to make their voices heard and push for a vote on the Brexit deal Cable told business leaders to persist and to remain confident that Brexit can be reversed. He urged the audience of 150 leading … Continue reading Vince Cable urges business leaders to fight Brexit
EU stands up to big tech firms with turnover tax – Cable
The European Commission has announced it intends to put an interim 3% levy on digital sales revenue of the biggest technology firms, such as Apple, Facebook and Google. Many large digital businesses have been accused of avoiding tax by shifting profits through complex structures, including via tax havens where they have little or no physical … Continue reading EU stands up to big tech firms with turnover tax – Cable
Lib Dems get creative in the fight against Brexit
Today the Liberal Democrats launch a new creative network (LDCN) to galvanise anti-Brexit support in the creative industries. Spearheaded by Baroness Jane Bonham Carter and the CEO of Think Publishing, Tilly McAuliffe, and other key creative industry advocates, the network will look at new and creative ways to fight Brexit as well as to protect … Continue reading Lib Dems get creative in the fight against Brexit
Light at the end of the tunnel
Last Tuesday Philip Hammond announced that ‘there is light at the end of the tunnel’. Well we need something because after almost 8 years of austerity our National debt has grown from £1.05T to £1.76T - £100B greater than the increase during the 13 years of the Labour government. Services have been stripped to the bone. … Continue reading Light at the end of the tunnel
Randerson: Let’s Fix Rail Franchising
Liberal Democrats have today passed an emergency motion calling on the government to fix rail franchising. At Spring Conference in Southport, a motion moved by Transport Spokesperson Baroness Randerson was overwhelmingly passed in favour of reforming the failed franchising system that has repeatedly let down customers. The motion calls on the government to bring in … Continue reading Randerson: Let’s Fix Rail Franchising