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Officials did not exert pressure to let Greensill lend, top civil servant says

Officials did not exert pressure to let Greensill lend, top civil servant says
independent.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.co.uk Daily Mail and Mail on Sunday newspapers.

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Brexit news live: EU will not renegotiate NI Protocol, Ursula von der Leyen says after Boris Johnson call

Brexit news live: EU will not renegotiate NI Protocol, Ursula von der Leyen says after Boris Johnson call
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Government showed 'unusual' interest in Greensill

BBC News
By Michael Race
image copyrightGetty Images
The government wanted the decision over whether Greensill Capital could take part in an emergency lending scheme to be prioritised, a watchdog said.
The Department for Business (BEIS) showed an unusual level of interest in the finance firm s accreditation, the National Audit Office said.
A report found BEIS emailed eight times for updates on Greensill s application.
The government said there was no suggestion ministers or officials made efforts to influence the decision.
A spokesperson added department officials requested updates on Greensill s accreditation process so that it could assess whether jobs were at risk at Liberty Steel and its supply chain . ....

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Government showed 'unusual' interest in Greensill

Government showed unusual interest in Greensill
© Getty Images
The government wanted the decision over whether Greensill Capital could take part in an emergency lending scheme to be prioritised, a watchdog said.
The Department for Business (BEIS) showed an unusual level of interest in the finance firm s accreditation, the National Audit Office said.
A report found BEIS emailed eight times for updates on Greensill s application.
The government said there was no suggestion ministers or officials made efforts to influence the decision.
A spokesperson added department officials requested updates on Greensill s accreditation process so that it could assess whether jobs were at risk at Liberty Steel and its supply chain . ....

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Businesses borrowed £79bn to survive pandemic

Businesses borrowed £79bn to survive pandemic
July 7, 2021
LONDON: Banks funnelled more than £79 billion in Government-backed loans to companies trying to stay afloat during the pandemic, new data shows.
The Chancellor said the Government has “delivered” on the support it promised to businesses. Final data released on Tuesday shows that businesses borrowed another £4.2 billion in the final days of three loan schemes.
It means that in total, the Bounce Back Loan Scheme provided £47.36 billion to 1.56 million firms; the Coronavirus Business Interruption Loan Scheme (CBILS) provided loans worth £26.39 to 110,000 companies, while a scheme for larger businesses, CLBILS, provided £5.56 billion to 753 companies.
“We promised to stand by businesses at every stage of the pandemic and we have delivered on that promise,” said Chancellor Rishi Sunak. ....

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