Cameron arranged private meeting with Greensill
| Politics | Healthcare | Finance |
Updated By: History Editorial Network (HEN)
Published: | Updated:
3 min read
David Cameron, the former Prime Minister of the United Kingdom, played a pivotal role in facilitating a private meeting between Lex Greensill, the founder of Greensill Capital, and Matt Hancock, who was serving as the Secretary of State for Health and Social Care. This meeting was significant as it occurred in a context where Greensill Capital was seeking to expand its influence within the public sector, particularly in the National Health Service (NHS). Following this meeting, several NHS trusts began utilizing Greensill Capital's Earnd app, which was designed to provide employees with early access to their earned wages. This initiative aimed to improve financial flexibility for NHS staff, but it also raised questions about the appropriateness of private sector involvement in public health financing. The relationship between Cameron and Greensill Capital became a focal point of scrutiny, especially as the company later faced financial difficulties and ultimately collapsed. The lobbying efforts by Cameron to secure government support for Greensill Capital, particularly in relation to the Covid Corporate Financing Facility, highlighted the intertwining of political influence and private enterprise in the context of public health funding. This situation underscored the potential risks associated with private companies operating within the public sector, especially during a crisis when rapid financial solutions were sought by the government.
Primary Reference: Greensill scandal

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