Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government why Greensill Capital remains listed on the British Business Bank website as an accredited lender.
The British Business Bank is tasked with administering the Covid-19 debt guarantee schemes to ensure compliance with its terms. The details of its compliance activity with individual lenders is a commercially sensitive matter.
While the Bank looks into Greensill’s position it is not able to originate new lending that benefits from a Government guarantee.