To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he had any discussions with the Chancellor of the Exchequer, or Treasury Ministers or officials on the British Business Bank's decision to grant Greensill Capital access to the Coronavirus Large Business Interruption Loan Scheme.
19 April 2021
The British Business Bank (Bank) accredited Greensill Capital to offer finance via the Coronavirus Large Business Interruptions Loan Scheme.
All decisions taken by the Bank were made independently and in accordance with the Bank’s usual procedures. The then Secretary of State had no discussions with either a) the Chancellor of the Exchequer, b) Treasury Ministers or c) Treasury officials about the Bank’s decision.