first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times James Murdoch, the chairman of British Sky Broadcasting, was said to be “cock-a-hoop” last night, after Vince Cable was stripped of his role in deciding whether the satellite broadcaster can be taken over by News Corp. Sources close to Murdoch, who is also chief executive of News Corp in Europe and Asia, said Cable’s demotion was the “best Christmas present he could have wished for”.Cable’s responsibilities for media, broadcasting and telecoms were handed to another cabinet minister, after he claimed to have declared war on media mogul Rupert Murdoch.Referring to his power to block News Corp’s proposed takeover of BSkyB, Cable told undercover reporters: “I have declared war on Mr Murdoch and I think we’re going to win.”As business secretary, Cable was supposed to decide whether News Corp’s proposed buyout of BSkyB would damage media plurality in Britain, although that job will now go to culture secretary Jeremy Hunt. Although there was relief within News Corp at Cable’s demotion yesterday, senior insiders said the firm was considering mounting a legal challenge against his decision to refer the deal to media watchdog Ofcom on the grounds of public interest. Earlier in the day, News Corp said it was “shocked and dismayed” by Cable’s comments.Cable was also recorded saying his departure from government would cause the coalition government to implode. “I have a nuclear option; it’s like fighting a war… If they push me too far then I can walk out and bring the government down and they know that.” In the event, Cable’s claims proved more credible than many thought. Although David Cameron said his comments about News Corp were “unacceptable and inappropriate”, he stopped short of sacking him or moving him to another cabinet job. But John Denham, the shadow business secretary, told City A.M. that Cable was a “complete lame duck”.He added: “He doesn’t have the confidence of the Prime Minister and key decisions have been taken away. “They’re keeping him for political cover, not for anything he brings to the job.“If he were a minister in any other government he would have been sacked.” MORE: P2, P3, P5 KCS-content Cable demotion cheers Murdoch whatsapp Show Comments ▼ whatsapp Share Tuesday 21 December 2010 8:59 pm Tags: NULLlast_img