Greensill, Cameron and Whitehall's revolving door

Political Fix

Financial Times

News, Politics, News & Politics

4.2 • 1.2K Ratings

🗓️ 17 April 2021

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

The collapse of Greensill Capital and the involvement of former prime minister David Cameron have raised serious questions about the UK's lobbying regime. We discuss whether any rules were broken and which guidelines need to be reformed. Plus, we remember Prince Philip's contribution to public life and whether the British monarchy is set to undergo major changes. Presented by Sebastian Payne with Jim Pickard, Robert Shrimsley, plus special guests Hannah White and Sir Max Hastings. Produced by Anna Dedhar. The sound engineer was Breen Turner and the editor was Liam Nolan. Review clips: UK Parliament, Reuters, UK news pool.

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Transcript

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0:00.0	When you get a little bit of transparency, the nitrous to want more.
0:05.5	The number one biggest shift is that basically, if 100 hours we go to get to zero, are fast.
0:10.6	Transparency is the key defense against pre-motion risk.
0:15.1	Listen to sound progress, an AXA Investment Manager's podcast,
0:18.7	to hear what our experts have to say on the subject of transparency.
0:25.3	This is not financial advice, and when investing, capital is at risk.
0:30.6	The Scandor Over Green Sale Capital, the collapsed finance company,
0:37.0	has engulfed some of Westminster's most senior figures,
0:40.6	and raised pertinent questions about lobbying.
0:43.9	I do think it is a good idea in principle.
0:47.4	That top civil servants should be able to engage with business,
0:51.9	and should have experience of the private sector.
0:53.7	When I look at the accounts I'm reading today,
0:57.3	it's not clear that those boundaries have been properly understood.
1:03.0	Welcome to Payne's Politics,
1:04.8	your essential insider guide to what's happening in British politics
1:08.8	from the Financial Times, with me Sebastian Payne.
1:12.8	In this episode, we'll be exploring how the tentacles of Greensill went deep into Whitehall,
1:18.5	the world of former Prime Minister David Cameron in this scandal,
1:21.9	and whether lobbying in the UK needs reform.
1:24.8	Boris Johnson, as we heard at the top, seems to think so.
1:28.0	Explaining this tale is Chief Political Correspondent Jim Picard
	...

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