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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 warns of dangers of 'complacency' on recovery

Business Secretary Vince Cable will sound a warning over the dangers of "complacency" over Britain's economic recovery, insisting recent more positive economic forecasts are no reason to "rest on our laurels."

Just two days after Osborne declared the economy was finally "turning a corner" Cable will tell business leaders assembled at a joint Government/CBI industrial strategy conference at Warwick University that "a few quarters of good economic data" does not mean the economic recovery is guaranteed.

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