Secretary of State for Business, Innovation and Skills and President of the Board of Trade

The Rt Hon Dr Vince Cable MP

Biography

Vince Cable was appointed Secretary of State for Business, Innovation and Skills in May 2010. He is the Liberal Democrat MP for Twickenham.

Education

Vince was educated at Nunthorpe Grammar School, York and Fitzwilliam College, Cambridge, where he studied natural science and economics and was President of the Union. He then studied for a PhD at Glasgow University.

Political career

He served in the Liberal Democrat Shadow Cabinet as Spokesman on Trade and Industry from 1999 to 2003, and Shadow Chancellor from 2003 to 2010. He was Deputy Leader of the Liberal Democrats from 2006 to 2010.

Career outside politics

After graduating, Vince worked as Treasury Finance Officer for the Kenyan Government between 1966 and 1968. From 1968 to 1974 he lectured in economics at Glasgow University. He then worked in a range of senior economic and foreign policy roles, before becoming Shell International’s Chief Economist in 1995.

Personal life

Vince is married and has 3 children by his late wife.

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    Secretary of State for Business, Innovation and Skills and President of the Board of Trade

    The Secretary of State is responsible for strategy and policy across the Department for Business, Innovation & Skills (BIS). The department’s main policy areas are:

    • business law
    • consumer issues
    • employment relations
    • enterprise and business support
    • trade policy
    • higher education
    • further education and skills
    • science
    • innovation

    The Secretary of State responsibilities:

    • overall responsibility for the department, strategy and all policies
    • overall responsibility for the BIS budget
    • President of the Board of Trade
    • lead Cabinet minister for reducing regulatory burdens across government

    Announcements

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    1. Government backs manufacturing with action plan and cash boost

      • 26 February 2015
      • Press release
    2. Migrant workers bring improvements to British business performance and productivity says new study

      • 24 February 2015
      • Press release
    3. Britain leads the way as Ordnance Survey helps to drive economic growth and digital innovation through open data

      • 21 February 2015
      • Press release
    4. Thirteen more acts set to promote UK music abroad

      • 19 February 2015
      • Press release
    5. Cable announces £20 million for UK industrial biotechnology

      • 17 February 2015
      • Press release
    6. Women entrepreneurs are untapped talent says report

      • 16 February 2015
      • Press release
    7. Transatlantic Trade and Investment Partnership - Cable urges greater transparency

      • 16 February 2015
      • Press release
    8. Deputy Prime Minister secures almost £3 billion for local business

      • 12 February 2015
      • Press release
    9. UK to lead development of driverless car technology

      • 11 February 2015
      • News story
    10. Business-friendly enforcement saves firms over £40 million

      • 10 February 2015
      • Press release