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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A fine start to the Bank Holiday weekend but some rain will arrive by Sunday.
A rapist has been given three life sentences for a vicious attack on an 81-year-old woman minutes after he sat next to her on a bus.
Ming Jiang, 43, was heavily in debt and chased by creditors when he murdered his wealthy friend.