Greensill Capital Debate
Full Debate: Read Full DebateDepartment: Department for Levelling Up, Housing & Communities
Navendu Mishra
Main Page: Navendu Mishra (Labour - Stockport)Department Debates - View all Navendu Mishra's debates with the Department for Levelling Up, Housing & Communities
Greensill Capital
Navendu Mishra Excerpts(3 years ago)
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Paul Scully
I admire my hon. Friend’s work on anti-corruption. It is important to keep raising the issue, but it is also important to keep a sense of perspective and to tackle actual corruption rather than speculate on other issues for political purposes. As I say, it is important to remember that in these circumstances the process has worked well: it was right to push for as much capital as possible to flow to small and large businesses, but it is important to remember that the Chancellor did reject the suggestion put forward by Greensill.
Navendu Mishra (Stockport) (Lab) [V]
I would like to wish all celebrating the Hindu new year a happy Navratri and the Sikh community a happy Vaisakhi today.
The Bank of England is rightly independent of the Government. Can the Minister confirm whether or not Bank of England officials were requested by the Treasury to make amendments to its covid corporate financing facility to suit Greensill Capital after the former Prime Minister had texted the Chancellor?
Paul Scully
As I have said, the Chancellor rejected any notion that the CCFF scheme should be rewritten.