Sir David Amess has written to Economic Secretary to the Treasury John Glen ‘expressing concerns’ over reports that many poor families could be forced to resort to using illegal loan sharks.
£3bn tax loss fuels travel ban backlash: Grounding of planes has blown a huge hole in Treasury coffers, new figures show Figures show the Treasury received £582million in APD between April ’20 and ’21 Wider economy has taken further hit of billions of pounds due to travel shutdown There is hope more European hotspots will … Read more
David Cameron, his financier boss Lex Greensill and Chancellor Rishi Sunak will be grilled by MPs over the lobbying scandal, it was confirmed last night. The Treasury Committee said it will ask all three to appear in person during its inquiry into the Government’s dealings with failed finance firm Greensill Capital. Chairman Mel Stride said … Read more
David Cameron, his financier boss Lex Greensill and Chancellor Rishi Sunak will be grilled by MPs over the lobbying scandal, it was confirmed last night. The Treasury Committee said it will ask all three to appear in person during its inquiry into the Government’s dealings with failed finance firm Greensill Capital. Chairman Mel Stride said … Read more
Compensation scheme: LCF situation is ‘unique and exceptional’ says the Treasury The Treasury has announced plans to hand £120million in compensation to around 8,800 mini-bond investors who lost out in the collapse of London Capital & Finance. The creation of the compensation scheme – which will require legislation – is due to the ‘unique and exceptional nature … Read more
Compensation scheme: LCF situation is ‘unique and exceptional’ says the Treasury The Treasury has announced plans to hand £120million in compensation to around 8,800 mini-bond investors who lost out in the collapse of London Capital & Finance. The creation of the compensation scheme – which will require legislation – is due to the ‘unique and exceptional nature … Read more
Chancellor Rishi Sunak was under fresh scrutiny last night over the design of the Government’s pandemic loan scheme that gave access to collapsed financier Greensill Capital. Greensill, which was advised by David Cameron and run by Lex Greensill, was accredited to provide loans of up to £50million to struggling firms under a multi-billion-pound taxpayer-backed emergency … Read more
Senior treasury officials offered to try to redesign a coronavirus business support scheme to help David Cameron, it has emerged. It comes as the former Prime Minister has been embroiled in controversy over texts asking Chancellor Rishi Sunak to support his employer Greensill Capital. Top officials went on to try to find a way for … Read more
Senior treasury officials offered to try to redesign a coronavirus business support scheme to help David Cameron, it has emerged. It comes as the former Prime Minister has been embroiled in controversy over texts asking Chancellor Rishi Sunak to support his employer Greensill Capital. Top officials went on to try to find a way for … Read more
David Cameron ‘lobbied ANOTHER Tory Treasury minister for loans’ to rescue collapsed finance firm Greensill David Cameron ‘contacted financial secretary to the Treasury Jesse Norman’ Did so while trying to get access to chancellor Rishi Sunak, it has been claimed Norman known to the PM, serving as Downing Street policy advisor from 2013 By Henry … Read more