Cable Did Not Consider Resigning Over Cameron’s Euro Veto

U.K. Business Secretary Vince Cable said he didn’t consider resigning from the coalition government following Prime Minister David Cameron’s refusal to back a European accord to promote a greater fiscal union.

Asked if he considered resigning, he said, “No” in an interview on BBC television.

“I frequently wonder about my position in government, because we’re all making difficult decisions,” Cable told the “Marr” program. “When I reflect on it, what were committed to is making this government work. We’ve got to work together to solve this massive economic crisis.”

The U.K. government will accept the Independent Commission on Banking’s report “in full,” Cable also told the BBC.

“We are going to proceed with the separation of the banks, the casinos and the retail business lending parts of banks,” he said.

To contact the reporter on this story: Jennifer Ryan in London at jryan13@bloomberg.net

To contact the editor responsible for this story: Mike Harrison at mharrison5@bloomberg.net

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