David Laws has told ITV News West Country he had not meant to cause any embarrassment to his Labour predecessor at the Treasury, Liam Byrne, when he publicly mentioned the note left for him.
Mr Laws said: "I didn't set out particularly to embarrass Liam, but he'd left a note which frankly does sum up precisely the state of the Treasury when he left it - which was completely empty of money."
More top news
Music producer Naughty Boy has apparently released ex-One Direction star Zayn Malik's first solo track.
A Malaysian court has found a man guilty of murdering two British medical students in Borneo.
A Liberal Democrat parliamentary candidate has said he deliberately caught HIV after years battling depression.