Vince Cable is not expected to take part in a conference debate on the economy
Nick Clegg has denied suggestions of a rift between him and his Cabinet colleague Vince Cable about the Lib Dems' future economic policy.
The party will debate a motion on the economy at their conference, but the business secretary will not attend.
The Lib Dem leader said Mr Cable helped draft the motion, which defends the party's achievements in government but urges more investment in housing.
Mr Clegg said talk of a row was "over-egged" and a "storm in a teacup".
Although it will not be binding on the government, Monday's debate will be a clear indication of what activists are thinking and will help shape the direction of the party's economic policy in the run-up to the next election - scheduled for 2015.
Mr Clegg will speak in the debate but Mr Cable - one of the party's senior figures - is not expected to attend, although he will give a speech later in which he will vow to end the abuse of zero-hours contracts by some employers.
'No complacency'
Mr Cable has been more cautious about the state of the economy than most other ministers - including his party leader - warning that talk of a lasting recovery was premature and that it risks being derailed by another housing bubble and other factors.
His warnings have led Prime Minister David Cameron to call him a "Jeremiah" while former Lib Dem leader Sir Menzies Campbell has urged Mr Cable to be "less gloomy".
Speaking to the BBC, Mr Clegg said he agreed there was "no room for complacency" and the government must be "vigilant that we do not preside over another asset bubble".
But he said the fact the economy was growing again was due, in part to the fact that the Lib Dem had "held their nerve" in the face of calls to change direction and this was a "feather in their cap".
Mr Clegg said Monday's leadership-backed motion recognised the government's achievements but set out things the Lib Dems would do differently from their Conservative partners - such as allowing councils to borrow against their balance sheets to fund 25,000 new homes.
'Doing well'
Asked why Mr Cable would not be present for the debate, Mr Clegg said he could not control what his colleagues did.
"I think this is a slight storm in a tea cup," he told Radio 4's Today.
"I am the leader of the Liberal Democrats. I do not run a boot camp... he has made it quite clear that, of course, he supports the motion because, not least, he is in effect one of the co-authors of it."
He added: "The key thing is - does the motion strike the right balance between the credibility we have assumed as a party because of they way we have held our nerve over the last three years... but at the same time sets out new ideas on further reforms of banking, further investment in green technologies and further investment in housing."
The Lib Dem leader said it was "wrong" to suggest economic growth was limited to the south of the country and certain sectors since the picture for manufacturing was improving and many export firms in his Sheffield constituency had been doing "exceptionally well".
On housing, Mr Clegg said the "fundamental problem" was that not enough new houses had been built for years and there need to be increased incentives for housing associations and other organisations to build.
'Distinctive'
But a separate motion put forward by the Social Liberal Forum calls for the party to put forward a "distinctive, independent" economic policy in the run-up to the 2015 election.
Dr Prateek Buch, one of the motion's authors, said "coalition compromises" could not be the starting point for the party's 2015 policy and suggested the government's deficit reduction strategy needed to be more flexible.
"The pace of cuts and tax rises need to take account of what is happening in the real economy," he told the BBC News Channel.
But Dr Buch denied he was seeking to drive a wedge between activists and the leadership, saying the vast majority of what was in the motion was already party policy and there was "nothing toxic" in it for the party.
Ahead of a separate debate on tax later, the Lib Dem leader also restated that party policy was not to raise the top rate of tax back to 50p.
The current 45p rate was higher than during Labour's 13 years in power, he said, and the party's emphasis was on trying to shift the burden of tax away from taxes on work and enterprise to those on assets, such as property.
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