Former Lib Dem leader Vince Cable testifies at inquiry into Post Office Horizon scandal – business live

Cable was business secretary from 2010-15 when the government privatised the Post Office

Cable has agreed with a description of Post Office management as “thugs in suits”, and had a goal of rebalancing the relationship between bosses and subpostmasters during his time in post.

He recounted a story about challenging 8 Post Office closures in his constituency, before he entered government, and being treated poorly by the organisation’s “middle management”.

Mr Bates has, I believe, described them as ‘thugs in suits’ and I recognise the description,” said Cable in his witness statement. “And [the Post Office] dealt with us in an arrogant way when we campaigned against closures.


In my first meeting with Paula Vennells [Post Office chief executive] I suggested this is what the Post Office should do,” he said. “We perhaps should have been more modest and had postmasters on the board, which would have achieved some of our aims, which I think has now happened.

Problems with Horizon barely came across my desk,” he said. “When they did it was usually in a very uncontroversial way and not drawn to my attention as an issue I should focus on. General reason is that the officials who were briefing me and ministers on the subject hadn’t seen it as a particular problem.

In hindsight, I should have been told at the outset what Horizon was,” he said. “That competent people … were suggesting there was a risk factor and I should have been told about Mr Bates and the justice group. I never heard his name until I’d been in the job five years. I wasn’t briefed on them.

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Post Office minister set to update MPs on Horizon scandal compensation and convictions – UK politics live

Business minister Kevin Hollinrake to give statement on Horizon scandal and what the government plans to do

James Chapman, a former political editor of the Daily Mail who worked as special adviser for David Davis when he was Brexit secretary for about a year until he left convinced that Brexit was a terrible mistake, says he does not think the “back to square one” line really works as an attack line against Labour.

The trouble with Sunak’s latest slogan is that I suspect a large number of voters think Britain is so broken under the Tories that “going back to square one” sounds like a wholly positive idea

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Three former senior Lib Dems sue Sun and NoW publisher over phone hacking

Exclusive: Vince Cable, Chris Huhne and Norman Lamb claim they were targeted for stories or to 'exert political influence’

Two former Lib Dem cabinet ministers and a former party whip are suing the publisher of the Sun and the defunct News of the World, claiming that their phones were hacked for stories or to “exert political influence”, including when Rupert Murdoch was seeking approval for a takeover of BSkyB.

Journalists working at Murdoch’s newspapers are said to have unlawfully targeted the former business secretary Vince Cable as well as Chris Huhne, a former energy and climate change secretary, and Norman Lamb, a whip and sometime adviser to the then deputy prime minister, Nick Clegg.

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Cutting City regulation risks another financial crash, say economists

Leading economists publish letter to Rishi Sunak in response to proposed financial services and markets bill

A group of 58 leading economists and politicians, including the former business minister Vince Cable, has written to the chancellor to say that scaling back City regulation will put the UK at risk of another financial crash.

The open letter, which has also been signed by the former Greek finance minister Yanis Varoufakis and Columbia University professor Adam Tooze, was sent in reaction to the Queen’s speech, which outlined Rishi Sunak’s plans to “cut red tape” through a financial services and markets bill.

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Corbyn defends Labour’s bid for both leavers and remainers

Polls suggest his party could be squeezed into third place in the European elections

Jeremy Corbyn has given a robust defence of Labour’s decision to try to appeal to both leavers and remainers in this Thursday’s European elections.

With an Observer poll suggesting Labour could be squeezed into third position behind Nigel Farage’s Brexit party and the pro-remain Liberal Democrats, Corbyn said he still wanted to bring the two sides of the Brexit divide together.

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Tories lose over 1,300 seats in local elections as major parties suffer

Lib Dems main beneficiaries as May and Corbyn vow to press ahead to break Brexit deadlock

Theresa May and Jeremy Corbyn have vowed to press ahead with seeking a cross-party solution to the Brexit deadlock at Westminster, after voters punished both major parties in local elections.

The Conservatives’ net loss of more than 1,300 seats on their 2015 figures marked their biggest defeat since John Major was prime minister. Disillusioned voters deserted the party in droves, including in traditional Tory areas such as Chelmsford and Surrey Heath.

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Greta Thunberg condemns UK’s climate stance in speech to MPs

Teenager who sparked global youth movement hits out at airport expansion and support for fossil fuels

‘You did not act in time’ – Thunberg’s full speech

The UK government’s active support for fossil fuels and airport expansion is “beyond absurd”, Greta Thunberg has told MPs.

The 16-year-old Swedish student, who sparked a global youth-based movement when she began a “climate strike” outside Sweden’s parliament last year, gave a typically blunt speech. She told MPs: “This ongoing irresponsible behaviour will no doubt be remembered in history as one of the greatest failures of humankind.”

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Ministers agree to consider Lib Dem plans for new referendum

Vince Cable says move follows cross-party talks on Brexit deadlock options

Cabinet ministers involved in cross-party talks on how to break the Brexit deadlock have given the first indication that they are prepared to examine plans for a potential second referendum on the UK’s departure from the EU, according to the Liberal Democrat leader, Sir Vince Cable.

The offer to examine a possible timetable for a second vote drawn up by the Lib Dems was made during discussions between senior Liberal Democrats and two cabinet ministers involved in the talks, Michael Gove and David Lidington, in the Cabinet Office on Thursday morning.

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