David Cameron lobbied Lloyds director to save Greensill pharmacy deal

Bank continued funding supply-chain finance scheme for NHS pharmacies after appeal to Tory peer

David Cameron lobbied a director of Lloyds Banking Group, whom the former prime minister had given a peerage, to reverse the bank’s decision to withdraw support from Greensill Capital, which it later did.

Cameron appealed to James Lupton, a Conservative peer who had served as party treasurer and donated more than £3m to the Tories, to urge the bank not to withdraw funding from Greensill’s supply-chain financing of NHS pharmacies.

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from The Guardian https://ift.tt/3FNyYEv