Catchy political ideas do not always translate into roaring success stories in practice. How many times has a new political sound-bite fathomed up in a poll-obsessed think-tank sailed across our headlines only to be broken up as the details are dashed on the rocks of reality?
That does not appear to have put Business Secretary, Vince Cable off pursuing a plan for a new public register of company ownership in order to keep tabs on the beneficial owners of UK companies. The main plank of the proposal is for a registry holding information on individuals with an interest in more than 25% of shares or voting rights in a company, or who otherwise control the way a company is run.
While the politics might offer easy popularity for politicians, the practical effects may be less appealing.