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The Story

David Cameron and the toxic banker (Pt 2): Collapse and aftermath

The Story

The Times

News, In-depth Journalism, News Analysis, Investigative Reporting, Long-form Audio, Exclusive Interviews, Daily News, Daily News Podcast, Audio Storytelling, Current Affairs, Uk News, Global News, Politics

3.91.6K Ratings

🗓️ 12 April 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

The financier Lex Greensill enjoyed privileged access to No 10 – and dragged former PM David Cameron into a scandal.

In this second instalment, we speak to one of the Sunday Times journalists who exposed the story and chart how it all unravelled.

This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today and get one month free at: thetimes.co.uk/storiesofourtimes.

The full series - ‘Cameron and the toxic banker’ - is available to download and listen to all in one place, here.

Guest: Gabriel Pogrund, Whitehall correspondent, The Sunday Times.

Host: David Aaronovitch.

Further reading:



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Transcript

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0:00.0

From jet engines to space rockets, telephones to computers, the world has seen spectacular

0:06.1

change in the last hundred years, and the pace of progress is getting faster and faster.

0:12.0

From electric cars to the netaverse, drone deliveries to climate solutions and genetic

0:16.6

sequencing, we're investing in the companies that are not just changing the world today,

0:21.4

but are also shaping the future.

0:23.8

The Scottish Mortgage Investment Trust managed by Bayley Gifford, invest, in progress,

0:29.1

capital at risk.

0:31.0

Imagine sweeping through green fields, floating five feet above ground, sun on your face as

0:38.2

you slide by on track to your destination, not a car in the world, as you simply lean

0:46.1

back.

0:47.4

And before you know it, you're there.

0:50.6

This is how travel should feel, and on our trains, it does.

0:55.2

Avanti West Coast.

0:57.5

Feel good travel.

1:00.9

In our last episode, we heard about how a young Aussie banker, Lex Greenseal, an elected

1:12.0

and unappointed, appeared at the heart of David Cameron's government, promoting his

1:17.5

bonza new idea, supply chain finance.

1:21.5

Other than as we've bewildered them, they didn't know exactly why he was there.

1:25.8

Was he there to help the taxpayer?

1:28.5

Was he there to help city group, his bank where he'd been managing director in charge of

1:34.3

supply chain finance?

1:36.0

Or was he there to help himself having just founded his own supply chain finance company?

...

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