Vince Cable and Chuka Umunna

With 2015 offering the possibility of historic back-to-back coalitions, Vince Cable has opened up a new flank in his Labour Party charm offensive … by, errr, stealing lines from prospective colleagues.

Much of the former Labour Party councillor’s much-trailed speech to the CBI this morning this morning had a whiff of familiarity to business policy wonks:

Vince Cable to the CBI:

“…active partnership between government and business can produce huge spill-over benefits.”

Chuka Umunna, 14 November 2011

“It is the strength of this common ground that cries out for a new partnership between productive business and active government.”

Vince Cable:

“…acknowledging predecessors including Michael Heseltine and Peter Mandelson.”

Chuka Umunna, 12 March 2012

“The problem Vince has is that he lacks the clout that his predecessor in the role, Peter Mandelson, had with No. 10 and across Whitehall so consequently he finds he is unable to deliver the active government strategies he and Heseltine advocate.”

Vince Cable:

“A modern industrial strategy, then, is about taking a long-term approach to growth”

Chuka Umunna, 6 September 2012:

“…to make this agenda a reality requires a modern industrial strategy

Vince Cable:

“…all businesses should take responsibility for paying suppliers fairly and on time.

 Chuka Umunna,  22 March 2013:

“Too many small businesses are effectively bankrolling bigger businesses that refuse to pay them on time.

Vince Cable:

“…giving business certainty about future plans so they can invest with confidence.”

 Chuka Umunna, 22 March 2013

“We can try and provide a more certain policy outlook. Just as macro stability is conducive to business investment, so policy induced uncertainty undermines it.”

It’s by no means one-way traffic though as Labour “borrowed” the idea of a mansion tax from Saint Vince.

Lab-Lib 2015: the Multi-Coloured Swap Shop.

  1. Probably not the best PS article. They both used the words ‘the’ and ‘and’ quite a lot too, and they both spoke, and they’re both MPs, and they’re both over 30, and they’re both male

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