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Cable cautious over recovery

Just two days after the Chancellor said the economy had "turned a corner", the Business Secretary Vince Cable will warn of the dangers of being complacent about the recovery on the strength of "a few quarters of good data."

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Cable warning 'embarrassing slap-down to Osborne'

Shadow business secretary Chuka Umunna said Business Secretary Vince Cable's warning on the economy recovery are an "embarrassing slap-down" to Chancellor George Osborne.

Shadow business secretary Chuka Umunna. Credit: Press Association

Mr Umunna stressed that the Liberal Democrats could not distance themselves from the Chancellor's economic strategy. He said:

"It also reminds everyone that you can't trust a word the Lib Dems say. Vince Cable has supported the Chancellor's policies which choked off the recovery in 2010.

"Three wasted years of flatlining that has left families worse off and done long term damage to our economy is his record and he should take responsibility for it."

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