18 Acknowledged

We note that concerns were raised by HM Treasury and shared with BEIS about GFG...

Conclusion
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 Summary
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.
Paragraph Reference
102
Government Response
Acknowledged
HM Government Acknowledged
33. We welcome the Committee’s acknowledgment that BEIS acted properly in this matter, and that the British Business Bank rightly operated independently and made decisions in accordance with its own procedures and practices.
Source
Committee Business and Trade Committee
Inquiry Liberty Steel and the Future of the UK Steel Industry
Report Fourth Report - Liberty Steel and the future of the UK steel Industry 05 Nov 2021 HC 821
View on Parliament website
Addressee Bodies
Department for Business and Trade
Timeline
Recommendation age 4.7 yrs
Report published 05 Nov 2021