Lex Greensill to be questioned over firm s collapse and lobbying in UK
Tue, 11th May 2021 06:47
(Alliance News) - Scandal-hit financier Lex Greensill will be questioned by UK members of Parliament over the collapse of his firm and the lobbying controversy centred on former prime minister David Cameron.
MPs on the cross-party Treasury Committee will quiz the boss on Tuesday afternoon on the demise of Greensill Capital, which jeopardised 5,000 steelmaking jobs in the UK.
The committee s inquiry is also investigating how Cameron lobbied UK Chancellor Rishi Sunak over access to government-backed coronavirus loans for Greensill.
Ahead of his appearance, the MPs are expected to publish correspondence received from the subjects of the inquiry after they were issued with a series of questions.
Parties have been making their final election campaign visits across Wales, with leaders saying the pandemic has continued to dominate their conversations with voters.
Voting in the 2021 Welsh Parliament election will begin at 7am on Thursday, though counting will not take place until Friday due to coronavirus restrictions.
On Wednesday, Labour First Minister Mark Drakeford visited Barry in the Vale of Glamorgan, as well as areas of his Cardiff West constituency, and said his party had felt a “real sense of momentum” in the last week.
He told the PA news agency: “We’ve had more and more people come out to help, teams and teams of Labour canvassers out on the doorstep, and the feeling on the doorstep is warm.
Parties have been making their final election campaign visits across Wales, with leaders saying the pandemic has continued to dominate their conversations with voters.
Voting in the 2021 Welsh Parliament election will begin at 7am on Thursday, though counting will not take place until Friday due to coronavirus restrictions.
On Wednesday, Labour First Minister Mark Drakeford visited Barry in the Vale of Glamorgan, as well as areas of his Cardiff West constituency, and said his party had felt a “real sense of momentum” in the last week.
He told the PA news agency: “We’ve had more and more people come out to help, teams and teams of Labour canvassers out on the doorstep, and the feeling on the doorstep is warm.
Mark Carney to chair Glasgow Financial Alliance for Net-Zero ahead of COP26
A new initiative from the US and UK Governments, designed to unite the global financial sector on the net-zero transition, has launched, confirming Mark Carney as chair.
The first 160 member firms collectively represent $70trn of assets under management
Called the ‘Glasgow Financial Alliance for Net-Zero’ (GFAN), the initiative will bring together banks, asset manager, asset owners, insurers and other providers of financial services in a network designed to unify and strengthen climate ambitions across the sector. Organisers are hoping to bring together 160 firms in the first instance.
The formal launch of the GFAN will take place later today (21 April), on the eve of the US Government’s Earth Day climate summit.
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