Vince Cable
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Vince Cable on plans to boost bank lending

Banks are set to come under renewed pressure from the government to increase lending to small firms.

Business Secretary Vince Cable has said banks are "not acting in the national interest" and measures may be needed.

He has suggested dividends and bonuses could be a target as part of a "carrot and stick" approach to boost lending.

Mr Cable has unveiled a joint consultation paper with the Treasury containing options to improve cash flow to businesses.

The BBC's Business Editor Robert Peston spoke to him about his proposals.

  • 26 Jul 2010
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