Saint Vince is no more...it is time to foxtrot off

A considerable breaking story this afternoon follows on from the Daily Telegraph's reporting of its recording of a conversation with business secretary Vince Cable.

Where his words published in today's paper were unsurprising as, although an architect of the coalition agreement, his reticence at embracing the Government's objectives have been well rehearsed. BBC business editor Robert Peston has a significant new twist on loose lipped Vince.

According to Peston, Vince said:

"I am picking my fights, some of which you may have seen, some of which you may haven't seen. "And I don't know if you have been following what has been happening with the Murdoch press, where I have declared war on Mr Murdoch and I think we are going to win".

If this is true then Vince must go. He is has gone beyond being an embarrassment, he has decided upon the result of a consultation on the future ownership of BSkyB before receiving the recommendations from Ofcom. The Competition Commission might as well just head off home.

It is time he was given more time to perfect his favourite pass time of ballroom dancing and David Laws brought back into the government.