David Cameron stood by George Osborne yesterday saying that Labour's Ed Balls did have "questions to answer" over the rate rigging scandal.

His comment comes amid increasing pressure for the Chancellor to apologise.

However, the Prime Minister gave his cabinet colleague his full support.

Labour is demanding a full apology after Paul Tucker, the deputy governor at the Bank of England, denied suggestions ministers or officials asked him to lean on Barclays to lower its rate submissions.

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