![Vince Cable [Photo: LDD Pics]](/fileadmin/_processed_/5/5/csm_vince-cable-photo-ldd-pics_a8e3e3f3df.png)
Government business loan plan threatens taxpayer with all the risks and no rewards
Commenting on reports that the Government is planning to guarantee up to £20bn of loans to small businesses, Liberal Democrat Shadow Chancellor, Vince Cable said: "The Government's proposal, essentially the same as that of the Conservatives, potentially involves very large taxpayer liabilities and is in effect a subsidy to bank lending."