David Cameron, former Prime Minister DAVID Cameron has blamed a spellcheck error after he faced questions over a text message which appeared to indicate advance knowledge of a planned interest rate cut. The former prime minister sent a text message to Treasury mandarin Sir Tom Scholar on March 6, 2020 saying he “never quite understood how rate cuts help a pandemic” with the following sentence redacted. The message – signed “love Dc” – was sent five days before the Bank of England slashed interest rates from 0.75% to 0.25% in response to the pandemic. Any leaking of such market-sensitive information would be highly damaging. Mr Cameron told the Treasury Select Committee he was “rather baffled” by the message.
David Cameron refuses to say what he earned from Greensill Finance as he defends lobbying Ministers
Five things we learned as former Prime Minister David Cameron gave evidence to MPs about his involvement with the failed finance company.
David Cameron leaves his home ahead of giving evidence to Commons committees (Image: PA)
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Screen grab from parliamentlive.tv showing Lex Greensill giving evidence to the Commons Treasury Committee. Picture date: Tuesday May 11, 2021. Lex Greensill has apologised and said he takes complete responsibility for the collapse of THE financier at the heart of Westminster’s biggest lobbying scandal has denied being a fraudster as a probe was launched into “potentially criminal” acts at his collapsed bank. Lex Greensill, who hired former Tory prime minister David Cameron, told MPs he was not a crook as he testified about the failure of Greensill Capital. The Financial Conduct Authority (FCA) yesterday said it had launched an investigation after receiving allegations relating to the Greensill collapse that were “potentially criminal in nature”.