Labour's 50p tax 'not anti-business'

Ed Balls has rejected claims that Labour's pledge to bring back the 50p top rate of income tax is part of an "anti-business agenda" in the party.

The shadow chancellor said it was a "fair" measure to be used while Labour reduced the "huge" deficit it would inherit if it won the 2015 election.

Foreign Secretary William Hague said it sent "the wrong signal" about Britain.

Ross Hawkins reports.