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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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Housing market reaping rewards despite Cable warning

Business Secretary Vince Cable has warned that the Government need to think "very, very carefully" about extending its house purchase scheme.

There are fears that the housing market could overheat if the second part of the 'Help to Buy' - which provides government guarantees for low-deposit mortgages - goes ahead quickly.

However the housing market is beginning to reap the rewards of the scheme as ITV News Business Editor Laura Kuenssberg reports:

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