Liberty Steel and the Future of the UK Steel Industry
Business and Trade Committee
Closed
Inquiry
The BEIS Committee is holding an inquiry into Liberty Steel and the Future of the UK Steel Industry. On 8 March 2021, the supply chain finance firm Greensill Capital collapsed into administration after months of speculation about its financial viability. Greensill was the principal financial backer of GFG Alliance, owner …
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23
Recommendations
19
Conclusions
1
Report
5
Oral sessions
23
Letters
5
Events
Activity timeline 30 events
20 Jan
2022
2022
5 Nov
2021
2021
2 Nov
2021
2021
2 Nov
2021
2021
2 Nov
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2021
2 Nov
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2021
2 Nov
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2 Nov
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22 Jul
2021
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22 Jul
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20 Jul
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19 Jul
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Oral evidence sessions 5 sessions
20 Jul 2021
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Liberty Steel and the Future of the UK Steel Industry; Decarbonising heat in homes
Charlotte Baker · Ministry of Housing, Communities and Local Government
Rt Hon Christopher Pincher MP · Ministry of Housing, Communities and Local Government
Rt Hon Kwasi Kwarteng · Department for Business, Energy and Industrial Strategy
6 Jul 2021
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Oral evidence
Cynthia O'Murchu · Financial Times
Dr Javed Siddiqui · Alliance Manchester Business School, The University of Manchester
S. Alex Yang · London Business School
29 Jun 2021
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Oral evidence session
Milan Patel · King & King Chartered Accountants
Patrick Magee · British Business Bank
Stephen Rose · Wyelands Bank
22 Jun 2021
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Liberty Steel and the Future of the UK Steel Industry
Anton Krull · Liberty Steel UK
Henrik Adam · Tata Steel Europe
Jon Bolton · GFG Global Advisory Board
25 May 2021
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Oral evidence session
Chris McDonald · Materials Processing Institute
Edwin Basson · World Steel Association
Gareth Stace · UK Steel
Roy Rickhuss · Community Trade Union
Roz Bulleid · Green Alliance
Rt Hon Kwasi Kwarteng · Department for Business, Energy and Industrial Strategy
Reports 1 report · click to expand
| Title | HC No. | Published | Items | Response |
|---|---|---|---|---|
| Fourth Report - Liberty Steel and the future of the UK steel Ind… | HC 821 | 5 Nov 2021 | 42 | Responded |
Recommendations & Conclusions
42 results
1
Conclusion
Acknowledged
Fourth Report - Liberty Steel and …
The corporate structure and governance of GFG Alliance companies resulted in no formal oversight or...
The corporate structure and governance of GFG Alliance companies resulted in no formal oversight or accountability of the decisions taken by Sanjeev Gupta. Mr Gupta put members of his staff in an unacceptable position by employing them with job titles …
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Government Response
The government agrees that complex corporate structures should not be a legal barrier to proper scrutiny of companies like the GFG Alliance, while noting it does not wish to restrict business structuring.
Department for Business and Trade
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2
Recommendation
Acknowledged
Fourth Report - Liberty Steel and …
We recommend that Ministers reflect on the systemic risks to UK industry posed by such...
We recommend that Ministers reflect on the systemic risks to UK industry posed by such unusual corporate structures and, if deemed necessary, bring forward amendments to the Companies Act. (Paragraph 29) Audit
Government Response
The government acknowledges that complex corporate structures should not hinder scrutiny but states it does not wish to restrict the ability of businesses to structure themselves, without committing to bringing forward amendments to the Companies Act.
Department for Business and Trade
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3
Conclusion
Acknowledged
Fourth Report - Liberty Steel and …
We were not reassured by the evidence presented by King & King and note the...
We were not reassured by the evidence presented by King & King and note the legal restrictions placed upon Mr Patel, and other auditors who had previously audited GFG Alliance companies, by Sanjeev Gupta.
Government Response
The government acknowledges that complex corporate structures should not be a legal barrier to scrutiny but expresses a desire not to restrict business structuring, without committing to specific actions.
Department for Business and Trade
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4
Conclusion
Deferred
Fourth Report - Liberty Steel and …
Despite public statements over a number of years to the contrary, we see, as yet,...
Despite public statements over a number of years to the contrary, we see, as yet, no tangible evidence that Sanjeev Gupta and GFG Alliance companies are making improvements to corporate governance or improving transparency through the publication of consolidated accounts.
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Government Response
The government redirects the matter to the independent Financial Reporting Council (FRC), which acknowledges the public interest but states the GFG Alliance entities are not within its usual scope of investigation, though it can reclaim matters if in the public interest.
Department for Business and Trade
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5
Conclusion
Not Addressed
Fourth Report - Liberty Steel and …
We found it utterly unconvincing, and do not believe that King & King had the...
We found it utterly unconvincing, and do not believe that King & King had the capacity, expertise, or resources to audit the accounts of multiple large GFG Alliance and Liberty Steel UK companies representing over £2.5 billion of revenue.
Government Response
The government response consists only of a title and page reference, providing no substantive engagement with the committee's finding regarding King & King's auditing capacity.
Department for Business and Trade
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6
Conclusion
Not Addressed
Fourth Report - Liberty Steel and …
The reputation of Liberty Steel UK has been threatened by the poor audit and accounting...
The reputation of Liberty Steel UK has been threatened by the poor audit and accounting practices of GFG Alliance, including the changing of accounting deadlines and its inability to produce consolidated accounts. As these accounts are yet to be published …
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Government Response
The government's response is only a title and does not address the committee's conclusion regarding Liberty Steel UK's poor audit and accounting practices.
Department for Business and Trade
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7
Recommendation
Not Addressed
Fourth Report - Liberty Steel and …
We recommend that the Financial Reporting Council, as the competent authority for audit in the...
We recommend that the Financial Reporting Council, as the competent authority for audit in the UK, refer this case to the relevant Recognised Supervisory Body, the Institute of Chartered Accountants for England and Wales, to investigate King & King under …
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Government Response
The government's response is only a title and does not address the recommendation for the Financial Reporting Council to refer the case of King & King for investigation.
Department for Business and Trade
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8
Conclusion
Not Addressed
Fourth Report - Liberty Steel and …
We commend the Government’s decision to reject GFG Alliance’s request for £170 million of financial...
We commend the Government’s decision to reject GFG Alliance’s request for £170 million of financial support in March 2021. The Secretary of State was correct to be cautious about providing a large grant to a group of companies with a …
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Government Response
The government's response text was merely a header, effectively not addressing the committee's commendation of its decision to reject GFG Alliance's request for financial support.
Department for Business and Trade
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9
Recommendation
Not Addressed
Fourth Report - Liberty Steel and …
In light of the Greensill Capital collapse and subsequent financial hardship of GFG Alliance and...
In light of the Greensill Capital collapse and subsequent financial hardship of GFG Alliance and Liberty Steel UK, we urge the Government to give consideration to formalising the fit and proper person test for private company directors within any future …
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Government Response
The government's response outlined the FRC's investigative remit regarding audit matters, but did not address the specific recommendation to consider formalising a 'fit and proper person test' for private company directors within any future steel sector deal.
Department for Business and Trade
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10
Conclusion
Acknowledged
Fourth Report - Liberty Steel and …
We note the recent developments within GFG Alliance and Liberty Steel UK and welcome the...
We note the recent developments within GFG Alliance and Liberty Steel UK and welcome the injection of capital at Liberty Steel’s Rotherham plant. However, we note that once again Sanjeev Gupta has decided to set up an additional corporate entity …
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Government Response
The government, via BEIS and the FRC, acknowledged the public interest in the issues of opaque funding at Liberty Steel, outlining the FRC's investigative remit and procedures for handling such cases, noting the specific entities are not usually within FRC's scope but can be reclaimed.
Department for Business and Trade
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11
Recommendation
Not Addressed
Fourth Report - Liberty Steel and …
We would welcome the Insolvency Service considering whether, on the basis of the evidence we...
We would welcome the Insolvency Service considering whether, on the basis of the evidence we have received, Sanjeev Gupta may have acted in breach of his fiduciary duties as a company director in the United Kingdom.
Government Response
The government response consists only of a title and page reference, providing no substantive engagement with the committee's recommendation for the Insolvency Service to consider potential breaches of fiduciary duties.
Department for Business and Trade
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12
Conclusion
Not Addressed
Fourth Report - Liberty Steel and …
More broadly, we believe that until Mr Gupta restructures his GFG Alliance companies into a...
More broadly, we believe that until Mr Gupta restructures his GFG Alliance companies into a more acceptable corporate structure and publishes consolidated accounts that are adequately audited, that he fails to fulfil the criteria that we believe should be applied …
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Government Response
The government provided only a title for its response, completely failing to address the conclusion regarding Mr. Gupta's suitability for government support until GFG Alliance is restructured and audited accounts are published.
Department for Business and Trade
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13
Conclusion
Not Addressed
Fourth Report - Liberty Steel and …
The way in which future, or prospective, receivables operated between GFG Alliance and Greensill Capital...
The way in which future, or prospective, receivables operated between GFG Alliance and Greensill Capital is disputed by both parties. We note that several claims have been made about the use of future receivables and their relation to “suspect invoices” …
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Government Response
The government response expresses gratitude for the committee's agreement on not providing a grant to GFG Alliance, but does not address the observations regarding disputed future receivables or the Serious Fraud Office's investigation.
Department for Business and Trade
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14
Conclusion
Not Addressed
Fourth Report - Liberty Steel and …
Steel is a foundational industry in the UK and in need of significant structural reform.
Steel is a foundational industry in the UK and in need of significant structural reform. The use of high-risk financial funding practices, such as future receivables lending, that Greensill Capital and GFG Alliance engaged in are barriers to such reforms. …
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Government Response
The government response expresses gratitude for the committee's agreement on not providing a grant to GFG Alliance, but does not address the concerns about high-risk financial practices undermining the steel industry.
Department for Business and Trade
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15
Recommendation
Not Addressed
Fourth Report - Liberty Steel and …
We recommend that the Financial Conduct Authority and HM Treasury investigate the use of, and...
We recommend that the Financial Conduct Authority and HM Treasury investigate the use of, and accounting rules for, future or prospective receivables.
Government Response
The government's response thanks the Committee for agreement on the inappropriateness of a grant to GFG Alliance, without addressing the recommendation to investigate accounting rules for future or prospective receivables.
Department for Business and Trade
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16
Conclusion
Not Addressed
Fourth Report - Liberty Steel and …
GFG Alliance’s reported engagement in circular trading, or REPO structures, exacerbated a concentration risk to...
GFG Alliance’s reported engagement in circular trading, or REPO structures, exacerbated a concentration risk to Greensill Capital by raising large amounts of working capital against invoices created to raise finance instead of selling steel to genuine customers. (Paragraph 86) 64 …
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Government Response
The government's response thanks the Committee for agreement on the inappropriateness of a grant to GFG Alliance, without addressing the conclusion regarding GFG Alliance's circular trading practices.
Department for Business and Trade
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17
Conclusion
Acknowledged
Fourth Report - Liberty Steel and …
We did not receive evidence that the use of circular trading between companies is a...
We did not receive evidence that the use of circular trading between companies is a systemic issue, but note the potential criminal liability associated with the worst examples of financial engineering between businesses. Despite repeated reassurances from GFG Alliance, we …
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Government Response
The government notes that the International Accounting Standards Board has proposed amendments to reporting supply chain finance, which the UK Endorsement Board and Financial Reporting Council will consider for adoption. The government also states it will continue to closely monitor Liberty Steel UK's restructuring and refinancing efforts.
Department for Business and Trade
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18
Conclusion
Acknowledged
Fourth Report - Liberty Steel and …
We note that concerns were raised by HM Treasury and shared with BEIS about GFG...
We note that concerns were raised by HM Treasury and shared with BEIS about GFG Alliance and Wyelands Bank during the accreditation process of Greensill Capital to the CLBIL scheme.
Government Response
The government welcomes the Committee's acknowledgment that BEIS acted properly and the British Business Bank operated independently, implicitly addressing the noted concerns about GFG Alliance and Wyelands Bank.
Department for Business and Trade
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19
Conclusion
Acknowledged
Fourth Report - Liberty Steel and …
We recognise that the subsequent level of interest from the BEIS Department about the accreditation...
We recognise that the subsequent level of interest from the BEIS Department about the accreditation of Greensill Capital was “unusual” but we are confident that this did not impact the approval process and the British Business Bank’s decision remained independent. …
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Government Response
The government welcomes the Committee’s acknowledgment that BEIS acted properly and that the British Business Bank operated independently in the Greensill Capital accreditation process.
Department for Business and Trade
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20
Conclusion
Not Addressed
Fourth Report - Liberty Steel and …
However, the collapse of Greensill Capital and its impact on Liberty Steel UK highlights the...
However, the collapse of Greensill Capital and its impact on Liberty Steel UK highlights the fragility of the sector in the UK more generally and raises far reaching and fundamental questions for the Government to consider in terms of how …
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Government Response
The government response consists only of a title and page reference, providing no substantive engagement with the committee's observations or questions.
Department for Business and Trade
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21
Recommendation
Not Addressed
Fourth Report - Liberty Steel and …
High electricity prices are hindering the ability of UK steel producers to compete on the...
High electricity prices are hindering the ability of UK steel producers to compete on the international market and are a deterrent to inward investment. If the Government is serious about decarbonising the steel industry, it must first recognise the severity …
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Government Response
The government response consists only of a title and page reference, providing no substantive engagement with the committee's recommendation to address high electricity prices.
Department for Business and Trade
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22
Recommendation
Not Addressed
Fourth Report - Liberty Steel and …
UK steel producers were already facing some of the highest electricity prices in Europe prior...
UK steel producers were already facing some of the highest electricity prices in Europe prior to recent rises in the wholesale price of gas. Soaring gas prices have since transformed what was a long-standing problem into an immediate crisis. We …
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Government Response
The government's response was entirely unrelated to the recommendation, instead discussing the International Accounting Standards Board's project on supply chain finance.
Department for Business and Trade
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23
Recommendation
Not Addressed
Fourth Report - Liberty Steel and …
We recognise that decisions on how and whether to compensate industry for the costs of...
We recognise that decisions on how and whether to compensate industry for the costs of electricity will, by necessity, have implications for consumers and other network users. However, it is clear that current electricity costs for UK steel Liberty Steel …
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Government Response
The government's response discusses the IASB's project on supply chain finance and proposed accounting amendments, which does not address the committee's call for further support to reduce electricity costs for the steel industry.
Department for Business and Trade
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24
Recommendation
Not Addressed
Fourth Report - Liberty Steel and …
If additional support is not forthcoming, high electricity prices will continue to have a pernicious...
If additional support is not forthcoming, high electricity prices will continue to have a pernicious effect on the UK steel industry, resulting in long-term decline and future crises. The Government should set out, following a consultation with industry, what support …
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Government Response
The government's response was entirely unrelated to the recommendation, instead discussing the International Accounting Standards Board's project on supply chain finance.
Department for Business and Trade
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25
Conclusion
Not Addressed
Fourth Report - Liberty Steel and …
When implemented, the Targeted Charging Review has the potential to burden UK steel producers with...
When implemented, the Targeted Charging Review has the potential to burden UK steel producers with costs exceeding relief provided to the sector as an energy intensive industry. We note that despite this decision having a potentially significant impact on UK …
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Government Response
The government's response discusses the IASB's project on supply chain finance and proposed accounting amendments, which does not address the committee's concerns about the Targeted Charging Review or Ofgem.
Department for Business and Trade
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26
Recommendation
Deferred
Fourth Report - Liberty Steel and …
Given that UK steel producers are already facing some of the highest electricity prices in...
Given that UK steel producers are already facing some of the highest electricity prices in Europe and that demand for electricity will only increase as the sector decarbonises, the Government should exempt the steel sector from increased costs arising from …
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Government Response
The government states that decisions on network charges, such as the Targeted Charging Review, are the responsibility of Ofgem, the independent energy market regulator, rather than the government itself.
Department for Business and Trade
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27
Recommendation
Deferred
Fourth Report - Liberty Steel and …
Despite advances made since the publication of the Procurement Policy Note in 2015, UK steel...
Despite advances made since the publication of the Procurement Policy Note in 2015, UK steel producers are still encountering challenges when competing for and securing public contracts. Much of this is due to an opaque and informal approach taken to …
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Government Response
The government notes its existing review of public procurement rules and the Social Value Model. The points raised by the Committee on steel procurement, including supply chain transparency and updating guidance, are under active consideration by the Steel Procurement Taskforce.
Department for Business and Trade
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28
Recommendation
Deferred
Fourth Report - Liberty Steel and …
To ensure full transparency, the Procurement Policy Note (PPN) on steel procurement in major projects...
To ensure full transparency, the Procurement Policy Note (PPN) on steel procurement in major projects should be updated to include a requirement for contracting authorities to provide supply chain plans and publicise supply opportunities for UK steel producers. The Government …
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Government Response
The government notes its existing review of public procurement rules and the Social Value Model. The specific recommendations, including updating the Procurement Policy Note and publishing new guidance on social and environmental considerations for steel purchases, are under active consideration by the Steel Procurement Taskforce.
Department for Business and Trade
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29
Recommendation
Accepted in Part
Fourth Report - Liberty Steel and …
High-quality data will be essential for monitoring and improving compliance with steel procurement policy.
High-quality data will be essential for monitoring and improving compliance with steel procurement policy. However, this data is currently incomplete with only partial data being reported by Government Departments and Arm’s Length Bodies. We welcome the work of the Steel …
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Government Response
The government notes the points on steel procurement and states the Steel Procurement Taskforce is actively considering improving data robustness and updating policy. It commits to working with departments to continuously improve data quality and simplify collection in the coming years, citing National Highways' commitment to provide 2022 data.
Department for Business and Trade
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30
Recommendation
Not Addressed
Fourth Report - Liberty Steel and …
A requirement should be set for all Government projects, including steel contracts awarded by the...
A requirement should be set for all Government projects, including steel contracts awarded by the Contracts for Difference scheme and Highways England, to fully report on the value and origin of their steel requirements.
Government Response
The government's response provided no content to address the recommendation for a requirement for all government projects to report on the value and origin of their steel requirements.
Department for Business and Trade
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31
Recommendation
Not Addressed
Fourth Report - Liberty Steel and …
Decisive action should be taken to ensure that UK steel producers do not miss out...
Decisive action should be taken to ensure that UK steel producers do not miss out on the Government’s ambitious infrastructure programme. Setting minimum UK steel content targets for major public projects would serve as an important first step to improving …
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Government Response
The government's response is boilerplate text about BEIS and the British Business Bank, failing to address the recommendation to introduce minimum UK steel content targets for major public projects.
Department for Business and Trade
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32
Conclusion
Not Addressed
Fourth Report - Liberty Steel and …
Given that global steel markets continue to be heavily distorted by state subsidisation and that...
Given that global steel markets continue to be heavily distorted by state subsidisation and that the EU and the US continue to apply tariffs on imported steel, the UK requires a response from Government regarding potential trade divergence towards UK …
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Government Response
The government's response is boilerplate text about BEIS and the British Business Bank, failing to address the conclusion about global steel market distortions and the need for a government response to trade divergence.
Department for Business and Trade
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33
Recommendation
Not Addressed
Fourth Report - Liberty Steel and …
We share the concerns expressed to us that the Trade Remedies Authority’s recommendation to revoke...
We share the concerns expressed to us that the Trade Remedies Authority’s recommendation to revoke safeguards on nine categories of steel imports was not based on an open dialogue with industry and had therefore missed the wider impact its decision …
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Government Response
The government welcomed the committee's acknowledgment of BEIS and the British Business Bank's proper and independent actions, but did not address the recommendation for the Trade Remedies Authority to ensure future recommendations are informed by open dialogue with industry.
Department for Business and Trade
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34
Conclusion
Acknowledged
Fourth Report - Liberty Steel and …
There is a clear lack of direction with respect to the future of the nation’s...
There is a clear lack of direction with respect to the future of the nation’s blast furnaces both within the Government and in industry. A range of options exist for the decarbonisation of primary steelmaking, including carbon capture and storage …
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Government Response
The government acknowledges the sector's decarbonisation plans, stating that the optimal route is a commercial decision for individual companies, and points to existing support mechanisms in the Net Zero Strategy.
Department for Business and Trade
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35
Recommendation
Acknowledged
Fourth Report - Liberty Steel and …
We found broad agreement that the UK should retain a primary steelmaking capacity rather than...
We found broad agreement that the UK should retain a primary steelmaking capacity rather than push its emissions and business abroad, a point recognised in the Government’s own Industrial Decarbonisation Strategy. However, if the Government is serious about its emissions …
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Government Response
The government states it is working with the steel sector to understand decarbonisation plans and highlights existing support through the Net Zero Strategy. It emphasizes that the optimal decarbonisation route is a commercial decision for companies, without committing to new specific actions to provide immediate certainty or direction.
Department for Business and Trade
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36
Recommendation
Acknowledged
Fourth Report - Liberty Steel and …
We identified enthusiasm from many witnesses for the use of hydrogen direct reduced iron as...
We identified enthusiasm from many witnesses for the use of hydrogen direct reduced iron as a technology well-suited to decarbonising the UK steel industry. However, as with other potential solutions, it is a technology that remains untested at scale. A …
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Government Response
The government states it is working with the sector to understand decarbonisation investment plans, noting that the optimal route is a commercial decision for companies, and points to existing support in the Net Zero Strategy for which the steel sector can bid, without committing to a specific hydrogen pilot.
Department for Business and Trade
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37
Recommendation
Not Addressed
Fourth Report - Liberty Steel and …
The Government should commit to a pilot of hydrogen-based steel production in the UK as...
The Government should commit to a pilot of hydrogen-based steel production in the UK as part of its industrial decarbonisation strategy. Funding for the project should be sought in partnership with interested steel businesses or backed in part by the …
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Government Response
The government's response addresses general concerns about high gas and electricity prices and ongoing industry engagement, completely failing to address the recommendation for a pilot of hydrogen-based steel production.
Department for Business and Trade
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38
Recommendation
Not Addressed
Fourth Report - Liberty Steel and …
Previously used steel, also known as scrap, will play a central role in efforts to...
Previously used steel, also known as scrap, will play a central role in efforts to decarbonise the UK steel industry. The high availability of scrap in the UK represents a valuable resource which is under-utilised, and a range of measures …
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Government Response
The government's response acknowledged energy price pressures and general industry engagement but did not address the recommendation for Ministers from BEIS and DEFRA to work with the UK Steel Council to optimise steel recycling in the UK.
Department for Business and Trade
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39
Recommendation
Acknowledged
Fourth Report - Liberty Steel and …
Many of the challenges facing the UK steel industry today are long-running and have led...
Many of the challenges facing the UK steel industry today are long-running and have led to crises in the past. Without fundamental reform of energy pricing and a clear decarbonisation strategy, the sector will fail to attract much needed investment …
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Government Response
The government acknowledged the pressures faced by businesses due to rising energy prices and stated that extensive engagement with industry continues, but did not commit to fundamental reform of energy pricing or a clear decarbonisation strategy.
Department for Business and Trade
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40
Conclusion
Acknowledged
Fourth Report - Liberty Steel and …
A successful transition to net zero will be dependent on addressing the wider challenges and...
A successful transition to net zero will be dependent on addressing the wider challenges and opportunities facing the UK steel industry. These issues will need to be tackled as part of a broader, strategic approach to decarbonisation.
Government Response
The government acknowledged pressures from energy prices and noted ongoing engagement with industry but did not specifically commit to a broader, strategic approach to decarbonisation for the steel industry as suggested.
Department for Business and Trade
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41
Recommendation
Acknowledged
Fourth Report - Liberty Steel and …
The steel industry has faced a number of crises in recent years but action to...
The steel industry has faced a number of crises in recent years but action to support the sector has been taken on a mostly ad hoc, reactive basis. The sector cannot continue to lurch from crisis to crisis and action …
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Government Response
The government recognises the pressures on businesses due to energy prices and states that extensive engagement with industry is continuing across government.
Department for Business and Trade
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42
Recommendation
Acknowledged
Fourth Report - Liberty Steel and …
We call on Ministers to establish a new Sector Deal for the steel industry.
We call on Ministers to establish a new Sector Deal for the steel industry. The Sector Deal should address long-running challenges to the sector’s competitiveness as part of a cohesive plan for decarbonising the industry. It should set out a …
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Government Response
The government recognizes the pressures on businesses and ongoing engagement with the industry but does not commit to establishing a new Sector Deal for the steel industry or providing a decarbonisation roadmap as recommended.
Department for Business and Trade
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Government Response AI assessment · 42 of 23 classified
Acknowledged
14
Deferred
4
Total
23 recs + 19 conclusions
Correspondence 23 letters
2 Nov 2021
To committee
Letter from the Secretary of State on Liberty Steel and the UK steel industry
Parliament page
2 Nov 2021
To committee
Letter from the Secretary of State on evidence given on Liberty Steel and the future of the UK Steel Industry inquiry
Parliament page
2 Nov 2021
To committee
Letter from the Secretary of State on the possibility of a deal for the UK steel sector
Parliament page
2 Nov 2021
To committee
Letter from GFG Alliance in response to BEIS Committee written questions
Parliament page
2 Nov 2021
Email to the Chair from Lex Greensill relating to Greensill Capital, received 21 July
Parliament page
2 Nov 2021
To committee
Letter from Grant Thornton UK LLP relating to Greensill Capital
Parliament page
22 Jul 2021
To committee
Letter from the British Business Bank on Greensill Capital's application for accreditation under the Coronavirus Large Business Interruption Scheme (CLBILS)
Parliament page
22 Jul 2021
To committee
Letter from Grant Thornton UK LLP responding to questions on the financial arrangements of GFG Alliance companies
Parliament page
19 Jul 2021
To committee
Letter from the Chair to Grant Thornton UK LLP regarding Greensill Capital
Parliament page
14 Jul 2021
Email to the Chair from Lex Greensill relating to Greensill Capital
Parliament page
14 Jul 2021
To committee
Letter from the Chair to Sanjeev Gupta on GFG Alliance and Liberty Steel
Parliament page
13 Jul 2021
To committee
Letter from the British Business Bank on CLBILS and Greensill Capital
Parliament page
13 Jul 2021
From committee
Letter to Grant Thornton UK LLP on Simec Lochaber Hydropower 2
Parliament page
13 Jul 2021
To committee
Letter from the Secretary of State and the Secretary of State for International Trade relating to the UK steel industry
Parliament page
8 Jul 2021
To committee
Letter from GFG Alliance declining the invitation to give oral evidence to the Committee’s Liberty Steel and the Future of the UK Steel Industry inquiry
Parliament page
8 Jul 2021
To committee
Letter from the Secretary of state for International Trade and the Secretary of State for BEIS relating to the Trade Remedies Investigations Directorate and UK steel safeguards
Parliament page
8 Jul 2021
To committee
Letter from the Chair of the British Business Bank relating to Greensill Capital
Parliament page
8 Jul 2021
To committee
Letter from the former CEO of the British Business Bank relating to Greensill Capital
Parliament page
8 Jul 2021
To committee
Letter from Grant Thornton UK LLP relating to Simec Lochaber Hydropower 2
Parliament page
30 Jun 2021
To committee
Response from Mr Lex Greensill in answer to the Chair's letters of 7 and 16 June in relation to the Liberty Steel and UK steel industry inquiry
Parliament page
30 Jun 2021
To committee
Letter from the Chair to Lex Greensill regarding questions relating to the Committee's inquiry on Liberty Steel and the future of the UK steel industry
Parliament page
16 Jun 2021
To committee
Letter from Chair to Mr Lex Greensill relating to request to give evidence to the Committee
Parliament page
28 May 2021
To committee
Letter from the Chair to the Secretaries of State for Business, Energy and Industrial Strategy and for International Trade relating to recommendations from the Trade Remedies Investigation Directorate
Parliament page