London Daily

Focus on the big picture.
Friday, Mar 27, 2026

David Cameron and Greensill Capital: 10 unanswered questions

David Cameron and Greensill Capital: 10 unanswered questions

Analysis: ex-PM is facing demands to explain his relationship with Lex Greensill. Here are 10 key questions

The financial services company Greensill Capital collapsed this month, which could trigger the demise of GFG Alliance, a conglomerate owned by Sanjeev Gupta, who owns the third-biggest steel company in Britain.

If Gupta’s Liberty Steel goes under, 5,000 British jobs are at stake.

The former prime minister David Cameron is facing demands to explain his relationship with Greensill Capital’s founder, Lex Greensill, the son of watermelon farmers who was made an adviser to the government in 2014 and appointed a CBE in 2017.

After Cameron left office in the wake of the EU referendum defeat, he became an adviser to Greensill’s company. So far, Cameron has declined to speak on the record about his relationship with Greensill, or his attempts to lobby on his behalf.

The questions that remain unanswered include:

1. Who introduced you to Lex Greensill? Was it your former cabinet secretary Sir Jeremy Heywood? And what role did you play – if any – in providing Greensill with a security pass and access to civil servants when you were in coalition government?

2. Who approached you in 2018 with an offer of a job as an adviser to Greensill Capital? What was the total value of your share options in Greensill?

3. It was claimed in the Times that you told friends you would make $60m from the listing of Greensill. Is this true?

4. It has been widely reported that you texted the chancellor, Rishi Sunak, to lobby on Greensill Capital’s behalf – is this true? Who else in government did you lobby?

5. Did you, as has been reported, ask Sunak to grant hundreds of millions of pounds in taxpayer-funded loans to the company?

6. Lex Greensill claimed that in 2018 you brokered an introduction to Barack Obama that helped him build up his business empire. Did you introduce Greensill to Obama?

7. Did you know how close Greensill Capital’s relationship with Gupta was?

8. Did you know how much money was being loaned out to Gupta’s metals empire, GFG Alliance?

9. Should lobbying rules be tightened in light of the current controversy to include in-house lobbyists such as you when you lobbied on Greensill Capital’s behalf?

10. Do you now regret saying in 2010 that lobbying “is the next big scandal waiting to happen. It’s an issue that crosses party lines and has tainted our politics for too long, an issue that exposes the far too cosy relationship between politics, government, business and money”?

Newsletter

Related Articles

0:00
0:00
Close
Jaguar Land Rover Halts Production at UK Plant Amid Supplier Disruption
UK Police Reverse Position, Confirm Arrests Will Resume for Palestine Action Protests
UK Small Businesses Face Europe’s Steepest Cost Pressures, New Survey Reveals
US Envoy Urges UK to Proceed with King’s Visit Amid Diplomatic Sensitivities
FTSE 100 Drops Over One Percent as Middle East Tensions Weigh on Markets
UK CO2 Plant Set to Reopen as Authorities Move to Safeguard Supplies Amid Middle East Tensions
Trump Urges Stronger Defence Investment as He Questions Allied Naval Capabilities
New COVID Variant Detected in UK Raises Concerns Over Vaccine Effectiveness
FTSE Russell Moves to Standardise Free-Float Rules for UK and International Listings
HBO Max Launches in UK and Ireland, Marking Major Step in Global Streaming Expansion
UK Signals Readiness to Seize Russian ‘Shadow Fleet’ Vessels in Escalation of Sanctions Enforcement
Escalating Middle East Conflict Seen as Major Threat to UK Economic Stability
Early Challenges Mark Prince Harry and Meghan’s Australia Visit
UK Government Rejects Cover-Up Claims After Theft of Former PM Aide’s Phone
Cyprus Opens Strategic Talks with UK Over Sovereign Base Areas
UK Faces Risk of Sharp Inflation Surge Despite Stable Pre-Crisis Figures
UK Police Arrest Two Over Suspected Antisemitic Arson as Iran Link Investigated
UK Inflation Holds at Three Percent Ahead of Oil Price Shock from Iran Conflict
UK Fuel Prices Face Upward Pressure as Global Oil Trends Raise Cost Outlook
Girlguiding UK Sets September Deadline for Membership Policy Change Affecting Trans Participants
Germany and UK Accelerate Wind Power Expansion to Strengthen Energy Security
UK Moves to Ban Cryptocurrency Donations to Political Parties Over Foreign Influence Concerns
UK and Turkey Finalise Major Air Defence Agreement Worth Billions
Apple Introduces Mandatory Age Verification for iPhone Users in the UK
Diverging Views Emerge Over Meghan Markle’s Planned Australia Appearance
Trump Signals Frustration with UK Leadership Amid Diverging Approaches to Iran Conflict
UK Government Takes Control of Hunterston B as Landmark Nuclear Decommissioning Begins
UK Public Inflation Expectations Jump Sharply in March, Raising Pressure on Bank of England
UK Ministers Warn Expanded North Sea Drilling Would Deepen Exposure to Global Energy Volatility
Delayed UK Defence Investment Plan Leaves Suppliers Under Severe Financial Strain
Can Iran Strike the UK? Assessing the Real Military Threat as Conflict Escalates
Sanctioned Iranian Banker Linked to Luxury Marbella Villa Through UK Corporate Structure
Casey Bloys Navigates HBO Max UK Launch, Paramount Integration and Industry Buzz Over Netflix Meeting
Iran Conflict Sparks Sharp Turbulence in UK Mortgage Market, Reaching Pandemic-Era Disruption Levels
Major Donor Urges University of Kentucky to Reconsider Mitch Barnhart’s Post-Retirement Role
United Kingdom Moves to Lead International Effort to Reopen Strait of Hormuz
UK Police Investigate Targeted Attack on Jewish Ambulance Vehicles
UK Police Investigate Targeted Attack on Jewish Ambulance Vehicles
Senior UK Advocate Criticises Barnhart Retirement Appointment, Calls for Reconsideration
UK Finds No Evidence of Direct Iranian Threat to Britain, Says Prime Minister Starmer
Assessing Iran’s Strike Capability and the UK’s Readiness Amid Rising Tensions
NATO Unable to Confirm Iran’s Role in Strike on UK-US Base as Tehran Denies Involvement
University of Kentucky’s Youling Xiong Receives SEC Faculty Achievement Award for 2026
Trump Highlights Satirical Portrayal of UK Leadership Amid Talks with Prime Minister Starmer on Iran Conflict
Trump Highlights Satirical Portrayal of UK Leadership Amid Talks with Prime Minister Starmer on Iran Conflict
UK Fuel Prices Surge Toward Crisis Levels as Experts Warn of Further Sharp Increases
UK Fuel Prices Surge Toward Crisis Levels as Experts Warn of Further Sharp Increases
Duchess of Sussex Secures ‘As Ever’ Trademark Rights in Australia Ahead of High-Profile Visit
UK Reaffirms Security as Officials Reject Claims of Immediate Iranian Missile Threat
Rising Middle East Tensions Spark ‘Trumpflation’ Debate Over Impact on UK Households
×