U.K. Tories Dismiss Labour Demand for Apology on Libor Remarks

British Foreign Secretary William Hague dismissed a demand by the opposition Labour Party for an apology after Chancellor of the Exchequer George Osborne suggested it had been involved in the Libor rate-rigging scandal while in government.

“Parliament is a lively place and it should be, it’s a free parliament,” Hague told BBC Radio 4’s “Today” program. “The chancellor said there are questions to answer. There remain questions to answer and I see no reason why he should apologize for that.”