Greensill Scandal
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Greensill Scandal
The Greensill scandal is a political controversy in the United Kingdom related to Lobbying in the United Kingdom, lobbying activities on behalf of financial services company Greensill Capital. It implicated former Prime Minister David Cameron, former Cabinet Secretary Lord Heywood and several other civil servants, and occurred during the COVID-19 pandemic in the United Kingdom, COVID-19 pandemic. First reported by the ''Financial Times'' and ''The Sunday Times'', it arose from the insolvency of the Supply chain finance, supply chain financing firm Greensill Capital in March 2021, first reported by The Wall Street Journal. Reports emerged that Cameron had lobbied former Chancellor of the Exchequer Rishi Sunak in 2020 to change rules in order to allow Greensill to join the Covid Corporate Financing Facility, a government loan scheme that was initiated to support companies during the Economic impact of the COVID-19 pandemic in the United Kingdom, pandemic-related economic recession. ...
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Political Controversy
In politics, a political scandal is an action or event regarded as morally or legally wrong and causing general public outrage. Politicians, government officials, party officials and lobbyists can be accused of various illegal, corrupt, unethical or sexual practices. Scandalized politicians are more likely to retire or get lower vote shares. Journalism Scandal sells, and broadsides, pamphlets, newspapers, magazines and the electronic media have covered it in depth. The Muckraker movement in American journalism was a component of the Progressive Era in the U.S. in the early 20th century. Journalists have built their careers on exposure of corruption and political scandal, often acting on behalf of the opposition party. There are numerous contextual factors that make a scandal noteworthy, such as the importance of the people, the depth of conspiracy and the coverup strategies used. The political ideology of media owners plays a role—they prefer to target the oppo ...
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10 Downing Street
10 Downing Street in London, also known colloquially in the United Kingdom as Number 10, is the official residence and executive office of the first lord of the treasury, usually, by convention, the prime minister of the United Kingdom. Along with the adjoining Cabinet Office at 70 Whitehall, it is the headquarters of the Government of the United Kingdom. Situated in Downing Street in the City of Westminster, London, Number 10 is over 300 years old and contains approximately 100 rooms. A private residence for the prime minister's use occupies the third floor and there is a kitchen in the basement. The other floors contain offices and conference, reception, sitting and dining rooms where the prime minister works, and where government ministers, national leaders and foreign dignitaries are met and hosted. At the rear is an interior courtyard and a terrace overlooking a garden. Adjacent to St James's Park, Number 10 is approximately from Buckingham Palace, the London residence ...
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Politics Of The United Kingdom
The United Kingdom is a unitary state with devolution that is governed within the framework of a parliamentary democracy under a constitutional monarchy in which the monarch, currently Charles III, King of the United Kingdom, is the head of state while the Prime Minister of the United Kingdom, Rishi Sunak, is the head of government. Executive power is exercised by the British government, on behalf of and by the consent of the monarch, and the devolved governments of Scotland, Wales and Northern Ireland. Legislative power is vested in the two chambers of the Parliament of the United Kingdom, the House of Commons and the House of Lords, as well as in the Scottish, Northern Irish and Welsh parliaments. The British political system is a two party system. Since the 1920s, the two dominant parties have been the Conservative Party and the Labour Party. Before the Labour Party rose in British politics, the Liberal Party was the other major political party, along with the Conserv ...
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2021 In The United Kingdom
Events from the year 2021 in the United Kingdom. Incumbents *Monarch – Elizabeth II *Prime Minister – Boris Johnson (Conservative) *Parliament – 58th Events January *2 January – COVID-19 in the UK: A record high daily positive test figure is reported at 57,725, as the new strain of the virus continues to spread. *4 January **COVID-19 in the UK: ***In a televised address, Boris Johnson announces a new, third COVID-19 lockdown for England, with people ordered to stay at home, and all schools and colleges to switch to remote learning from 5 January. This is expected to last until at least mid-February. ***A new record high daily positive test figure is reported at 58,784. ***The UK's second vaccine against COVID-19, developed by Oxford–AstraZeneca, begins to be rolled out. ***Most of England's primary schools reopen after the Christmas break, amid concerns over whether pupils should be returning during the current level of COVID infections. Most schools close again t ...
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House Of Commons Treasury Committee
The House of Commons Treasury Committee (often referred to as the Treasury Select Committee) is a select committee of the House of Commons in the Parliament of the United Kingdom. The remit of the committee is to examine the expenditure, administration and policy of HM Treasury, with all of its agencies and associated bodies, including HM Revenue and Customs, the Bank of England, the Prudential Regulation Authority, the Financial Conduct Authority, the Royal Mint, and so on. Since 2010 the Treasury Committee has taken on new powers, including the right to veto appointments to the independent Office for Budget Responsibility, and has forced the Financial Services Authority to publish a detailed report into its handling of the collapse of Royal Bank of Scotland. Membership As of November 2022, the members of the committee are as follows: Changes since 2019 2017–2019 Parliament The chair was elected on 12 July 2017, with the members of the committee being announced on 1 ...
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Jeremy Heywood
Jeremy John Heywood, Baron Heywood of Whitehall, (31 December 1961 – 4 November 2018) was a British civil servant who served as Cabinet Secretary to David Cameron and Theresa May from 2012 to 2018 and Head of the Home Civil Service from 2014 to 2018. He served as the Principal Private Secretary to Prime Ministers Tony Blair and Gordon Brown from 1999 to 2003 and 2008 to 2010. He also served as Downing Street Chief of Staff and the first Downing Street Permanent Secretary. After he was diagnosed with lung cancer, he took a leave of absence from June 2018, and retired on health grounds on 24 October 2018, receiving a life peerage; he died two weeks later on 4 November 2018. Early life and education Heywood was born on 31 December 1961 in Glossop, Derbyshire, England. His parents were Peter Heywood and Brenda Swinbank, who met as teachers at Ackworth School in West Yorkshire, one of a few Quaker educational establishments in England. Heywood was educated at the independent ...
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Department For Business, Energy And Industrial Strategy
The Department for Business, Energy and Industrial Strategy (BEIS) is a department of His Majesty's Government. The department was formed during a machinery of government change on 14 July 2016, following Theresa May's appointment as Prime Minister, through a merger between the Department for Business, Innovation and Skills (BIS) and the Department of Energy and Climate Change (DECC). Responsibilities The department has responsibility for: * business * industrial strategy * science, research and innovation * deregulation * energy and clean growth * climate change While some functions of the former Department for Business, Innovation and Skills, in respect of higher and further education policy, apprenticeships and skills, were transferred to the Department for Education, in a statement May explained:The Department for Energy and Climate Change and the remaining functions of the Department for Business, Innovation and Skills have been merged to form a new Department for B ...
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Advisory Committee On Business Appointments
The Advisory Committee on Business Appointments (ACOBA) is a non-departmental public body in the United Kingdom, which was set up in 1975 to provide advice on applications from the most senior Crown servants who wish to take up outside appointments after they leave Crown service. Since 1995 it has also provided advice to former Ministers on their employment in the two years after leaving office. The committee is chaired by Baroness Browning. It was branded "toothless" in April 2017 by the Public Administration and Constitutional Affairs Select Committee. The Committee's own Secretariat stated in a 2018 Freedom of Information Freedom of information is freedom of a person or people to publish and consume information. Access to information is the ability for an individual to seek, receive and impart information effectively. This sometimes includes "scientific, Indigeno ... (FOI) request that "ACOBA, which has no enforcement power and therefore depends upon voluntary cooperation ...
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Charles Roxburgh
Sir Charles Fergusson Roxburgh (born 25 October 1959) is a British civil servant who was Second Permanent Secretary of HM Treasury from 2016 to 2022. Early life and career Roxburgh was born on 25 October 1959 and educated at Stowe School. He obtained a degree in Classics from Trinity College, Cambridge. Roxburgh began his career at the accountancy firm Arthur Andersen & Co in its Management Consulting Division. He graduated from Harvard Business School with a Master of Business Administration in 1986. Career Roxburgh worked at the management consulting firm McKinsey & Co for 26 years, including as a senior partner. His roles at the firm included co-head of the global strategy practice, head of the UK financial institutions group and leader of the global corporate and investment banking practice. He worked in McKinsey & Co's New York City financial institutions practice for seven years. In 2009 he became the London-based director of the McKinsey Global Institute, an in-hou ...
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Tom Scholar
Sir Thomas Whinfield Scholar (born 17 December 1968) is a British civil servant who served as Permanent Secretary to the Treasury until 8 September 2022. Scholar was previously the Prime Minister's Adviser on European and Global Issues in the Cabinet Office from 2013 to 2016. He has been a director of the nationalised bank, Northern Rock and served as Chief of Staff for Gordon Brown. Personal life and education Scholar was educated at Dulwich College (1979–1986), Trinity Hall, Cambridge (where he read History), and the London School of Economics. He is the son of Sir Michael Scholar who was Permanent Secretary of the Department of Trade and Industry between 1996 and 2001. He has two younger brothers, Richard and John (who is a lecturer in English Literature at the University of Reading and worked at the Treasury). Career Scholar joined HM Treasury in 1992, rising to Principal Private Secretary to the Chancellor of the Exchequer in 1997, serving Gordon Brown for four yea ...
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Matt Hancock
Matthew John David Hancock (born 2 October 1978) is a British politician who served as Minister for the Cabinet Office and Paymaster General from 2015 to 2016, Secretary of State for Digital, Culture, Media and Sport from January to July 2018, and Secretary of State for Health and Social Care from 2018 to 2021. He has been Member of Parliament (United Kingdom), Member of Parliament (MP) for West Suffolk (UK Parliament constituency), West Suffolk since 2010. He is a member of the Conservative Party (UK), Conservative Party, but now sits in the House of Commons as an Independent politician, independent, having had the Whip (politics)#United Kingdom, whip suspended since November 2022. Hancock was born in Cheshire, where his family runs a software business. He studied for a Bachelor of Arts, BA in Philosophy, Politics and Economics (PPE) at Exeter College, Oxford, and an MPhil in Economics at Christ's College, Cambridge. He was an economist at the Bank of England before serving ...
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BBC Panorama
''Panorama'' is a British BBC Television current affairs documentary programme. First broadcast in 1953, it is the world's longest-running television news magazine programme. ''Panorama'' has been presented by many well-known BBC presenters, including Richard Dimbleby, Robin Day, David Dimbleby and Jeremy Vine. it broadcasts in peak time on BBC One, without a regular presenter. The programme also airs worldwide through BBC World News in many countries. History ''Panorama'' was launched on 11 November 1953 by the BBC; it emphasises investigative journalism. '' Daily Mail'' reporter Pat Murphy was the original presenter, who only lasted one episode after accidentally broadcasting a technical mishap. Max Robertson then took over for a year. The programme originally had a magazine format and included arts features. Richard Dimbleby took over in 1955 and presented the show until his death in 1965. His son, David Dimbleby, later presented the programme from 11 November 1974—the ...
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