Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether (a) his Department and (b) officials at the British Business Bank had discussions with the Bank of England on the decision to give Greensill Capital accredited lender status for the Coronavirus Large Business Interruption Loan Scheme.

The Department for Business, Energy and Industrial Strategy and the Bank of England had no role in the British Business Bank’s decision to accredit Greensill Capital.

All decisions taken by the British Business Bank were made independently and in accordance with the Bank’s usual procedures.