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A report revealed that Royal Mail could have been sold for £180m more.
A report said that the government feared failure and acted on bad advice over the Royal Mail stock market floatation.
MPs said Business Secretary Vince Cable ignored City warnings that Royal Mail’s maximum share price of 330p left the company undervalued.
Business secretary Vince Cable has announced that the national minimum wage will increase by 3% to £6.50 an hour starting in October.
Vince Cable is now being criticised for saying that teachers know ‘about UCAS forms’ but ‘nothing’ about the daily grind.
Of the economic growth figures, Business Secretary Vince Cable said it is 'end of the beginning rather than the beginning of the end'.
After unions have called to ban zero hours contracts, the Business Secretary has warned of exploitation of these contracts.