Christine Lagarde: 'I'm not a candidate' for EU job

The head of the IMF, Christine Lagarde, has dismissed suggestions that she is in line for a new role as President of the European Commission, the EU's executive body.

ITV News Economics Editor Richard Edgar is at a press conference with Ms Lagarde at the Treasury.

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"I'm not a candidate" for the commission presidency job says Lagarde

Read: IMF: UK doing well but 'no room for complacency'

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Germany denies tipping IMF chief Lagarde for top Europe job

The German government has issued a denial after reports that Chancellor Angela Merkel wanted Christine Lagarde to lead the European Commission.