Vince Cable's speech to conference: Live blog

The Business Secretary addresses Liberal Democrat delegates in Birmingham.

QUICK VERDICT: Cable's delivery today was low-key, but were some unmistakeable jibes at the Tories -- the repeated references to fairness, stimulus, and, of course, the reference to the "ideological descendants of those who sent children up chimneys". There was also a sprinkling of Lib Dem populism with the emphasis on social justice, and fairness -- particularly on limiting executive pay and taxing the rich. Notably, he didn't use the Jaguar and Landrover contracts he opened with to say that the economy was on the home-stretch; nor did he indicate that the next phase of difficulty for ordinary citizens is going to be over any time soon.

12.37: Cable has reiterated his commitment to a mansion tax. "When some critics attack our party policy of a tax on properties over £2 million by saying it is an attack on ordinary middle class owners, you wonder what part of the solar system they live in." Greater tax of land and property was a key theme of his speech last year.

12.36: He keeps returning to the idea of "responsible capitalism".

12.35: "Some of you may have noticed one of the big media companies has had a spot of bother" -- Cable makes a nod to his anti-Murdoch stance without courting controversy too much.

12.32: Living costs are falling, he says, and there is a sense of grievance that workers are paying for a crisis they did not create.

12.31: Cable is talking about investment in infrastructure -- the "stimulus" section of his speech. It's not a word used often by George Osborne, it must be said.

12.29: How do we progress from financial stability to growth, asks Cable. "Panic in the markets will not be stopped by stopping maternity rights," says Cable, assuring delegates he will not provide cover for unscrupulous business-people -- the "ideological descendents of those who sent children up chimneys". This is a jibe at Steve Hilton for some of his more unconventional ideas on workers' rights.

12.26: Cable is criticising the idea that cutting taxes for the wealthy will improve the country's wealth. On the idea that this will encourage tax avoiders back from Monaco, he says: "Pull the other one". Playing to the Lib Dem faithful here.

12.23pm: Vince Cable is calling for "stability, stimulus, and solidarity" to help the economy recover and create a "responsible capitalism". He is criticising Labour's record and saying that financial discipline is not necessarily "right-wing" or "ideological". He says he thinks they are following in the steps of Roy Jenkins. "The progressive agenda of centre left parties cannot be cannot be delivered by bankrupt governments" -- but the really important word here is "stimulus".

12.05pm: Join us at 12.20pm for live updates on Vince Cable's speech. You can read the full transcript of it here.

Samira Shackle is a freelance journalist, who tweets @samirashackle. She was formerly a staff writer for the New Statesman.

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Theresa May's speech on the Westminster terror attack

"We will all move forward together. Never giving in to terror. And never allowing the voices of hate and evil to drive us apart." 

I have just chaired a meeting of the Government’s emergency committee, COBRA, following the sick and depraved terrorist attack on the streets of our Capital this afternoon.  

The full details of exactly what happened are still emerging. But, having been updated by police and security officials, I can confirm that this appalling incident began when a single attacker drove his vehicle into pedestrians walking across Westminster Bridge, killing two people and injuring many more, including three police officers.   

This attacker, who was armed with a knife, then ran towards Parliament where he was confronted by the police officers who keep us – and our democratic institutions – safe.  

Tragically, one officer was killed. The terrorist was also shot dead.   The United Kingdom’s threat level has been set at severe for some time and this will not change. Acting Deputy Commissioner Rowley will give a further operational update later this evening.   Our thoughts and prayers go out to all who have been affected – to the victims themselves, and their family and friends who waved their loved ones off, but will not now be welcoming them home.

  For those of us who were in Parliament at the time of this attack, these events provide a particular reminder of the exceptional bravery of our police and security services who risk their lives to keep us safe.

Once again today, these exceptional men and women ran towards the danger even as they encouraged others to move the other way.   On behalf of the whole country, I want to pay tribute to them – and to all our emergency services – for the work they have been doing to reassure the public and bring security back to the streets of our Capital City.   That they have lost one of their own in today’s attack only makes their calmness and professionalism under pressure all the more remarkable.  

The location of this attack was no accident. The terrorists chose to strike at the heart of our Capital City, where people of all nationalities, religions and cultures come together to celebrate the values of liberty, democracy and freedom of speech.   These streets of Westminster – home to the world’s oldest Parliament – are engrained with a spirit of freedom that echoes in some of the furthest corners of the globe. And the values our Parliament represents – democracy, freedom, human rights, the rule of law – command the admiration and respect of free people everywhere.   That is why it is a target for those who reject those values.   But let me make it clear today, as I have had cause to do before: any attempt to defeat those values through violence and terror is doomed to failure.

Tomorrow morning, Parliament will meet as normal. We will come together as normal.   And Londoners - and others from around the world who have come here to visit this great City - will get up and go about their day as normal.

They will board their trains, they will leave their hotels, they will walk these streets, they will live their lives.

And we will all move forward together. Never giving in to terror. And never allowing the voices of hate and evil to drive us apart.