Steven Swinford Profile picture
Political Editor, The Times

Apr 22, 2021, 6 tweets

How David Cameron lobbied Jon Cunliffe, Deputy Gov of the Bank of England, on behalf of Greensill:

On March 5 at 9.44, Cameron emailed Cunliffe directly:

'Do you have a moment for a quick word?'

Cunliffe at 10:55

'Of course, Can I get my office to arrange a call?'

At 5.27pm, Cameron emails James Benford, then private secretary to Governor, to arrange a meeting between Lex Greensill and officials at Bank of England

'GC is now world's largest provider of Supply Chain finance & has mandate with UK govt. We would be keen to step in and help'

James Benford, governer's private secretary, emails Cameroni back at 18.23 suggesting that 'Lex/ his team speak to Tom Mutton and Rhyr Phillips who respectively head up our Fintech Hub and our Sterling markets division'

On March 7th, Cameron holds call with Sir Jon Cunliffe, Deputy governor at the Bank of England

'Cameron noted that the world of supply chain finance has changed since the crisis and was keen the Bank was aware of this point'

Cunliffe agreed to briefing from Cameron & Greensill

On March 8, David Cameron emails Jon Cunliffe, deputy governor of Bank of England, cc'ing in Lex Greensill

'I think it would be good to get together to discuss what more can be done to help companies with supply chain finance'

Cunliffe later agrees to a call with Greensill

David Cameron wrote to Sir Jon Cunliffe, Deputy Governor of Bank of England, on April 3 asking for help with Treasury objections to Greensill

'I think I must be missing something here. Am obviously talking to HMT, but would be grateful for any light you could shed on this...'

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