24

Greensill Capital actively marketed its salary advance scheme, Earnd, to NHS trusts at no cost...

Conclusion
Greensill Capital actively marketed its salary advance scheme, Earnd, to NHS trusts at no cost to employers or employees. Representatives of Greensill Capital often attended NHS group meetings of trust leadership and senior management to pitch the service. Greensill Capital had explained to NHS trusts that providing a free alternative to high- cost loans for NHS employees was an act of corporate social responsibility.25
Government Response

A response document is linked to this report, dated 28 April 2022. Response attribution to this conclusion has not been verified. Read the response document.

Addressee Bodies
HM Treasury
Timeline
Recommendation age 4.6 yrs
Report published 04 Feb 2022