Cable: 'amicable discussions' with Treasury

Business Secretary Vince Cable has said that Lib Dem members of the coalition government had "made it very clear... simply taking more off people at the bottom end of the scale is not the way to proceed".

He told the BBC he had had "very amicable" discussions with Treasury colleagues and would be making the case "that we need to invest more in training and science and innovation and business support if we are going to get the economy going".

The Chancellor George Osborne has reached agreement with seven Whitehall departments on savings he wants made in 2015.