Vince Cable: Getting the Financial System Off Life Support

The video discusses the financial crisis, its impact on the UK, and the government's response. It covers economic policy management, structural deficits, and fiscal policies. The speaker analyzes the crisis using medical metaphors and highlights the UK's unique challenges. The discussion extends to macroeconomic policies, growth strategies, and the role of bank lending. Finally, it addresses banking structure reforms to prevent future crises.

What does the speaker mean by 'structural deficit'?

What challenges does the speaker identify regarding bank lending?

How does the speaker characterize the relationship between banks and small businesses?

What steps has the government taken to address the banking structure?