The government has promised to save the steel plants – owned by Gupta’s GFG alliance that are now in dire financial straits – but this investigation makes the chance of it surviving in its current form an increasingly remote possibility. The news comes a day after former prime minister and former Greensill employee, David Cameron, defended his role in lobbying the government to grant Greensill access to a government-backed Covid loan programme.

Source link BBC NEWS UK

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