Contributions
2,186 recent contributions in Hansard
HANSARD Greensill CapitalI associate myself with the hon. Member’s words about the Duke of Edinburgh and, of course, our colleague Cheryl Gillan, both of whom will be sorely missed. The Chancellor wrote…13 Apr 2021HANSARD Greensill CapitalIndeed; all the decisions were taken independently, and that included rejecting Greensill from being able to access the higher level of loan facility, the only request for which…13 Apr 2021HANSARD Greensill CapitalAs the hon. Lady will know, at the time of delivery we were trying to deliver money to businesses as quickly as possible. The fact that businesses have accessed support—especially…13 Apr 2021HANSARD Greensill CapitalI admire my hon. Friend’s work on anti-corruption. It is important to keep raising the issue, but it is also important to keep a sense of perspective and to tackle actual…13 Apr 2021HANSARD Greensill CapitalThe review will look to see exactly what happened in this situation. Nigel Boardman will do his work, which will report back at the end of June, and all the parties involved have…13 Apr 2021HANSARD Greensill CapitalMy hon. Friend will appreciate the audit reforms that we are consulting on. It is absolutely right that the markets work when they are transparent and open, which is why we are…13 Apr 2021HANSARD Greensill CapitalThe hon. Lady talks about two different things. There is a review into supply chain finance and the request from Greensill Capital, but there is also the wider view of how…13 Apr 2021HANSARD Greensill CapitalMy hon. Friend is absolutely right. The Chancellor and a number of Ministers reflected the view of the House that we wanted to push to make sure we had that diversity of finance…13 Apr 2021HANSARD Greensill CapitalThe Chancellor and other Ministers have spent many, many hours speaking to lenders and to businesses of all sizes to make sure that we can best reflect on and flex the support…13 Apr 2021HANSARD Greensill CapitalThe review goes beyond the actions of one man in this matter, but it is important to remember that the Chancellor in particular rejected what Greensill actually wanted, so there…13 Apr 2021HANSARD Greensill CapitalMy hon. Friend is absolutely right. What the Chancellor, the Secretary of State for Business, Energy and Industrial Strategy and other Ministers have done throughout is to make…13 Apr 2021HANSARD Greensill CapitalThe Bank of England refused Greensill’s entry because there were no banks in the scheme. It was a way for the Government and the Bank of England to get money to businesses and of…13 Apr 2021HANSARD Greensill CapitalThe Chancellor has delivered £356 billion-worth of support, I think it is currently, to businesses. He has flexed at every opportunity across Government in devising and designing…13 Apr 2021HANSARD Greensill CapitalWhat I can do is explain the difference between an output and an outcome. An output means that any number of meetings, any number of requests— unless you block the number, any…13 Apr 2021HANSARD Greensill CapitalThe review specifically looks at supply chain finance and the discussions with Greensill. As I say, Nigel Boardman will do his work and report back at the end of June.13 Apr 2021HANSARD Greensill CapitalTreasury Ministers, like other Ministers, have had a number of meetings with lenders of all sorts, because as we heard earlier it is so important to have a diversity of lenders…13 Apr 2021HANSARD Greensill CapitalLenders and businesses have had many, many meetings across Government without favour, to make sure that we can get that information to ensure a diversity of lenders and that we…13 Apr 2021HANSARD Greensill CapitalI started off by talking about how the market works when there is transparency and openness, and lobbying comes within that. We should always review what is and is not there. The…13 Apr 2021HANSARD Greensill CapitalHaving been in opposition at a local level, I know what causes speculation and mistrust among the public, and it is that chipping away, the politicisation of some of these issues.…13 Apr 2021HANSARD Greensill CapitalI am not aware of any communication between Ministers and the British Business Bank about the accreditation of Greensill, which was made independently of Government. There is an…13 Apr 2021