The Guardian’s bank correspondent, Kalyeena Makortoff, talk to Rachel Humphreys about Greensill, a company that specializes in supply chain financing, and its relationship with former Prime Minister David Cameron. Cameron joined Greensill as an adviser in 2018, two years after resigning as prime minister. It turned out that last year he had sent texts to Rishi Sunak, the chancellor, ‘informally’ two informal Treasury ministers, asking Greensill Capital to get the largest possible grant of government-backed loans under the Covid corporate finance facility, or CCFF. . He is also campaigning for a no. 10-assistant and in 2019 takes Lex Greensill with Matt Hancock, the health secretary, to a ‘private drink’.
Although Cameron did not break any rules, there are questions about the fact that he appears to have used personal contacts to seek preferential treatment for a company in which he had a financial interest. On Monday, No 10 said it was launching an independent inquiry into Cameron’s lobbying, led by corporate lawyer and government adviser Nigel Boardman. Rachel also hears from Guardian’s political correspondent Rajeev Syal about how Cameron reacted to the scandal and the wider role of lobbying in British politics.
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