George Osborne urged to apologise to Ed Balls

Chancellor George Osborne should apologise to Ed Balls for saying he had "questions to answer" over the Libor scandal, a Conservative MP has said.

It comes after Bank of England deputy governor Paul Tucker said no ministers asked him to "lean on" Barclays over its inter-bank lending rates in 2008.

Andrea Leadsom, who is on the Treasury Select Committee, said Mr Osborne "made a mistake" and "he should apologise".