Skip to main content
Show full summary

Lord Myners to ask Her Majesty's Government whether, in extending credit to British Steel, they took into account (1) the management of the borrower, (2) the value for money provided by Greybull Capital in respect of their management charges and other related party transfers, and (3) the use of a capital structure by British Steel that requires interest payments to Greybull parties based offshore.  HL15810

Question HL15810: tabled on 16 May 2019 and due for answer by 31 May 2019

This type of business sits within the Questions & Statements category.

This question has been answered by the relevant Government Department.

Question text

Lord Myners to ask Her Majesty's Government whether, in extending credit to British Steel, they took into account (1) the management of the borrower, (2) the value for money provided by Greybull Capital in respect of their management charges and other related party transfers, and (3) the use of a capital structure by British Steel that requires interest payments to Greybull parties based offshore.  HL15810
Legend for business item text
Item that is new or altered.
* Item is an oral question.
Numbers starting HL are unique identifiers for written questions, Bills or papers.

Member's Registered Interests

There are no interests to show.