David Cameron has said there was absolutely no wrongdoing despite having a “big economic investment” in Greensill Capital, which he said did not motivate his intense lobbying of the Government for the collapsed firm as coronavirus struck. Mr Cameron placed calls and sent dozens of texts and emails to ministers and senior officials as he appealed for their help in gaining access for Greensill to Government Covid support programmes.
Rishi Sunak (Yui Mok/PA) Appearing virtually before the Commons Treasury Committee today, he insisted there was “absolutely no wrongdoing” in his actions and defended his lobbying efforts, but accepted that former prime ministers “need to think differently and act differently”.
ECB”) published a speech on bank’s role in greening the economy.
The PRA published a discussion paper (DP1/21) that explores the options for developing a simpler prudential framework for non-systemic banks and building societies.
The FCA published a summary of insights from its cyber co-ordination group meetings on current cyber risks and firms practices for responding to them.
The European Insurance and Occupational Pensions Authority (“
EIOPA”) published a discussion paper on blockchain and smart contracts in insurance.
28 April
The FCA published a consultation paper (CP21/9) on changes to conduct and organisational requirements laid down in UK laws and regulations implementing the MiFID II Directive (EU/2014/65) (“
David Cameron was in contact with politicians on behalf of Greensill THE SNP have said the publication of David Cameron’s text messages to key figures in Westminster and Whitehall for Covid loans underline the “cronyism” in the Tory government. The former prime minister was found to have got in contact with politicians such as Rishi Sunak and Michael Gove on behalf of Greensill, which he worked for and owned a stake in. He and his office staff sent ministers and officials 45 emails, texts and WhatsApp messages relating to Greensill Capital in less than four months. A timeline of his contacts submitted by the former prime minister to the Treasury Committee ahead of his appearance before the committee tomorrow also included 11 telephone calls or conference calls.
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”.
The BBC has apologised to Sir James Dyson for describing the inventor as a “prominent Conservative supporter” when he became embroiled in a lobbying row over leaked texts to Boris Johnson.
In messages first revealed by the BBC, the Prime Minister reportedly promised the entrepreneur he would “fix” an issue over the tax status of his employees after being directly lobbied by him.
The exchanges took place last March at the start of the pandemic when the Government was appealing to firms to supply ventilators amid fears the NHS could run out of stocks.
Mr Johnson reportedly promised the entrepreneur he would ‘fix’ a tax issue (Dan Kitwood/PA)