Vince Cable said MPs criticising the Government over the privatisation of Royal Mail have "the benefit of hindsight".
The Business Secretary said: "We sold at a price that was regarded as the best that could be achieved in the context in which we sold it."
"The point we have stressed ... is the price of shares is very, very volatile. These things go up and down."
"I think the wisdom of hindsight about price doesn't really help us very much."
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Terry Butcher said his son's life had been "tragically cut short" and described him as a "dedicated captain in the British Army".
Through the morning an area of rain will steadily track northeastwards across central England.
An outdoor nursery where children are only allowed to play with toys they have made themselves has been named Britain's Best Nursery.