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Vince Cable

November 15, 2011

Family businesses are crucial for the recovery of the UK economy and provide the backbone of the right type of growth needed for the country, according to Vince Cable, secretary of state for business, innovation and skills in the coalition government.

Family businesses are crucial for the recovery of the UK economy and provide the backbone of the right type of growth needed for the country, according to Vince Cable, secretary of state for business, innovation and skills in the coalition government.

Cable, speaking at an event hosted by the Institute for Family Business at the Houses of Parliament, reckons that family businesses have the wherewithal to be the backbone of what he called “responsible capitalism”.

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