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Lib Dem conference: Cable promises £1bn 'business bank'
Vince Cable has told the Liberal Democrat conference in Brighton that the coalition plans to commit £1bn to a business bank to channel money to small and medium-sized companies.
The business secretary warned that Britain faced economic disaster if it failed to stimulate growth.
His comments reflect concern among Lib Dem delegates over the direction in which the coalition is heading.
Nick Robinson reports.
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