Some commentators worried about Vince Cable. Some worried about how effective he would prove in Government, rather than chastising from the opposition benches. Others worried whether a Tory/Lib Dem  coalition was too stomach churning a prospect for even someone of Vince Cables experience and fortitude to take.

But yesterday in his first major speech as Business Secretary he seemed to dispel the doubters and be relishing the ability to put Lib Dem policy into action.

So if I was on the board of a major British based bank at the moment, and especially one that has ha taxpayers money pumped into it, I’d be calling a special board meeting to review lending policy asap.

That is because yesterday Vince Cable effectively served notice on the banks, not from the opposition benches but now as a member of the Government, that if the banks don’t start lending more freely to business and especially small business, then the Government will take action to ensure they will.

And when you take Vince Cables coments yesterday and add them to the previous comments from the Chancellor and Chief Secretary to the Treasury about cutting the deficit etc,  the clear thing that comes through is that this Coalition Government, if nothing else, has a strength of purpose to deal with the problems Britain faces.

In fact I would go further. Remarkably (for now at least), it seems to be more “joined up” than the previous Government in its coordinated approach. An approach that is refreshingly relatively spin free as well.

As such people like Vince Cable will hopefully flourish in his role, some have remarked that he should still be chancellor, well that may yet happen one day, but undoubtedly he, as a man of substance and experience, will be able to bring his firm but fair approach to anything he tackles.

So a warning shot has been despatched to the banks. I wouldn’t wait for the next volley if I was in their shoes.