Cable says UK could tax bank profits

Business secretary proposes tax on bank profits but insists his comments don't represent a split in the coalition

The UK may introduce a tax on bank profits, business secretary Vince Cable said on Wednesday, defending himself as "pro-business" after attacking the "murky world" of corporate behaviour.

In a string of media appearances on Wednesday ahead of his speech to the Liberal Democrats' annual conference, Cable insisted that his comments on business don't represent a split within the coalition government.

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