Forty Cases of Financial Mismanagement in Cable's Expenses

Dr. and St. Vince Cable has said he made “an honest mistake” over his VAT avoidance and that it was “embarrassing and I should have spotted it sooner”. He’s attempting to make this look like a one-off piece of financial mismanagement in order to minimise the obvious “if he can’t run his own business affairs, why should anyone else listen to him” line of questioning. But is this case really a one-off? 

A look at Vince’s parliamentary expenses claims from the last few years show a trail of financial mismanagement. His claims are littered with with late fees, reminder letters and overdue notices. His electricity supplier, British Gas and BT have all sent letters stating their intention to disconnect him for non-payment. It appears he also thought it appropriate to charge the taxpayer for £240 of fines for not paying his fees on time. By Guido’s count there were nineteen late notices or threats in 05-06, thirteen in 06-07, and eight in 07-08. Were these honest mistakes too, or complete incompetence? 




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Quote of the Day

David Cowling, the BBC’s head of political research, in an internal memo…

“It seems to me that the London bubble has to burst if there is to be any prospect of addressing the issues that have brought us to our current situation. There are many millions of people in the UK who do not enthuse about diversity and do not embrace metropolitan values yet do not consider themselves lesser human beings for all that. Until their values and opinions are acknowledged and respected, rather than ignored and despised, our present discord will persist. Because these discontents run very wide and very deep and the metropolitan political class, confronted by them, seems completely bewildered and at a loss about how to respond (“who are these ghastly people and where do they come from?” doesn’t really hack it). The 2016 EU referendum has witnessed the cashing in of some very bitter bankable grudges but I believe that, throughout this 2016 campaign, Europe has been the shadow not the substance.”

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