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Vince Cable to launch a scathing attack on city practices

Business Secretary Vince Cable is today expected to launch a scathing attack on the UK financial arena highlighting "murky practices" and self-interest in an attempt to appease Liberal Democrats concerns about the coalition government. Over the last few days it is become more apparent that Vince Cable and Nick Clegg are veering off-line with regards to the coalition government's official line on the city which could cause friction with David Cameron and his Conservative counterparts. So why are Vince Cable and Nick Clegg attacking the city?

It seems that the traditional differences between the Conservative party and the Liberal Democrat party are becoming more and more apparent each day. Nick Clegg is under pressure from his fellow Liberal Democrats party members who have accused him of selling out to the Conservative party and is obviously looking to curry favour with party members. On the other hand Vince Cable would appear to be coming more and more detached from the coalition government amid rumours he is considering his position in the longer-term because of policy differences.

The next danger for the coalition government is the Conservative Party conference which could see party concerns about the coalition also come to the fore.

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