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Vince Cable: Portsmouth WILL recover from job losses

The Business Secretary Vince Cable says Portsmouth will recover from the loss of hundreds of shipbuilding jobs and companies are queueing up to do business in the city.

He was at Trafalgar Wharf on the quayside today to open a new carbon pipe manufacturing facility.

The company has benefitted from three million pounds of government money to get the development up and running. Earlier, ITV Meridian's Fred Dineage spoke to Vince Cable at Trafalgar Wharf.

Vince Cable to visit Portsmouth today

Business Secretary Vince Cable is visiting a new £13 million manufacturing quayside development in Portsmouth today.

He will also be talking about how government support is helping to create new jobs and maximising growth in the city.

Despite Michael Fallon being appointed Minister of Portsmouth, Cable recently admitted that he was the real minister as he spent more time in the city.

Vince Cable is in Portsmouth today Credit: Press Association Images

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We need more apprentices says Vince Cable

Business Secretary Vince Cable launches the apprenticeship scheme Credit: Sussex Downs College

Business Secretary Vince Cable has visited Sussex Downs College in Eastbourne to launch a new campaign aiming to help young people into work.

The Secretary of State for Business, Innovation and Skills was accompanied by MP for Eastbourne Stephen Lloyd to officially launch The Big Conversation - which aims to encourage employers in the town to create new apprenticeship vacancies.

The College, in partnership with the Eastbourne Chamber and other local organisations, is spearheading the initiative, which has been devised to help create meaningful employment opportunities for youngpeople and adults, and respond to the needs of local businesses in a difficult economic climate.

The Big Conversation will also demonstrate how the structure of an apprenticeship provides the ideal start for someone seeking their first step into employment or retraining in a new role.

New jobs in Swindon

The Business Secretary Vince Cable has been visiting Swindon's Honda plant today to find out how they're bucking the trend in the motor industry.

The site has recently recruited 500 new staff and is introducing a new model of car.

European CR-V is part of a £257 million investment programme. Robert Murphy reports

Robert Murphy spoke to the Director of Honda UK Kim Bellamy, the Business Secretary Vince Cable MP, Scott Salmon and Simon Hinchley both of whom work at the plant.

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