Small- and medium-sized businesses need access to a diverse range of finance options, including non-bank lending. These new forms of finance are still small in scale today but they should, over time, bring additional choice and greater competition to the lending market. – Vince Cable
When my job was attempting to predict future economic developments for the Shell oil company, I was frequently reminded of an Arabic saying: Those who claim to foresee the future are lying, even if by chance they are later proved right. – Vince Cable