Welcome: Secretary of State
This section of the website is about my work as Secretary of State for Business, Innovation and Skills and President of the Board of Trade. You can also find out more about my local work as MP for Twickenham.
I have been the Secretary of State for Business, Innovation and Skills and President of the Board of Trade within the coalition Government formed in 2010.
As Secretary of State, I have overall responsibility for the department strategy and all policies, overall responsibility for BIS budget, particular focus on business and banking issues, and is lead Cabinet Minister for reducing regulatory burdens across Government.
Vince Cable
Contact details for the Department for Business, Innovation and Skills can be found on this website under "Contact & Surgery" on the About Vince Cable link or through the Business Secretary link above
Recent updates as Secretary of State for Business, Innovation and Skills
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Article: Mar 10, 2012Business Secretary Vince Cable today launched the fifth annual Apprenticeship Week.
The week is on track to be the biggest Apprenticeship Week to-date, with over 500 events across the country celebrating the countless achievements of learners and employers.
The official launch event, held at Channel 4 in London, will be attended by apprentices and representatives from the creative industries.
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Article: Mar 8, 2012Business Secretary Vince Cable announced today that the first ever UK Green Investment Bank (GIB) will be based in Edinburgh and London.
The headquarters of the GIB will be located in Edinburgh, with the GIB's main transaction team based in London. This arrangement will enable a greater commercial reach nationally than could be achieved from one location.
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Article: Feb 9, 2012The location of a new £50 million centre that will accelerate the commercialisation of green technologies was announced by the Business Secretary Vince Cable today.
The Offshore Renewable Energy Catapult will be headquartered at the University of Strathclyde in Glasgow with an operational centre at the National Renewable Energy Centre (Narec) in the North East of England.
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Article: Jan 26, 2012Government investment in technology and innovation will enable Britain's world leading digital businesses to benefit from future advances in technology and help them bring new products to the marketplace, Business Secretary Vince Cable announced today.
The new Connected Digital Economy Catapult centre will be a hub for the best innovations in the digital sector, focusing on where new advances can be made in areas such as:
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Article: Dec 14, 2011Business Secretary Vince Cable today set out the next steps to diversify business finance, announcing details of an industry-led Taskforce to be led by Tim Breedon, Legal and General chief executive and current chairman of the Association of British Insurers.
Tim Breedon will be supported by a panel of experts drawn from the business and finance community, who will examine the challenges facing businesses in diversifying their finance. The focus will be on debt and credit products, looking at a range of finance choices, old and new, from corporate bonds to 'crowd-funding'.
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Article: Dec 14, 2011Business Secretary Vince Cable earlier this week hosted an Aerospace Business Leaders meeting - involving top executives from Airbus, Rolls-Royce, Bombardier Aerospace, GKN, Finmeccanica and ADS - to discuss the opportunities for growth in the UK aerospace sector.
The high level meeting discussed how, working together, the industry and Government can address barriers to growth, boost exports and increase the number of high value jobs in the UK. The meeting also looked forward to the planning of the 2012 Farnborough Air Show.
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Article: Dec 6, 2011A new initiative of up to £125 million is being set up to improve the global competitiveness of UK advanced manufacturing supply chains, Business Secretary Vince Cable announced today.
The Advanced Manufacturing Supply Chain Initiative aims to help existing UK supply chains grow and achieve world class standards while encouraging major new suppliers to come and manufacture here.
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Article: Nov 24, 2011
A multi-million pound site in Bristol, which will speed up new products going from the laboratory to the shop-floor, was opened today by Business Secretary Vince Cable.
The National Composites Centre is a new 8500m2 state-of-the-art building offering laboratory space for SMEs to develop new products. It is also one of seven research and technology facilities which form the High Value Manufacturing technology and innovation centre.
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Article: Nov 23, 2011The most radical reform to the employment law system for decades was outlined today by Business Secretary Vince Cable as part of the Government's plan for growth, cutting unnecessary demands on business while safeguarding workers' rights.
During a speech to EEF, the manufacturers organisation, Dr Cable announced the results of a consultation on resolving workplace disputes and the Red Tape Challenge review of employment law.
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Article: Sep 19, 2011Investors will have greater clarity on how top businesses are run and how executive pay is matched to performance under proposals published today by Business Secretary Vince Cable.
Proposals published as part of a consultation paper will simplify the reporting requirements for companies, providing clear and relevant information to investors on performance and pay. It will increase transparency and accountability in the investment chain and enable shareholders to get a real picture of what is happening to inform their investment decisions and help our economy grow.
