Vince Cable
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Lib Dem conference: Tories want to 'destroy' welfare state - Cable

Business Secretary Vince Cable has accused the Conservatives of being "ideologically obsessed by cuts".

Speaking at the Liberal Democrats' annual conference, he said the Tory party viewed cuts as a "way of destroying public service and the welfare state, which they detest".

He acknowledged the need to reduce the deficit but said it would require tax rises.

"Any politician who tells you that the next Government can balance the budget and avoid tax increases is lying to you," he said in his speech to party members.

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