Written question asked by Lord Myners (Crossbench) on Thursday, 16 May 2019, in the House of Lords. It was due for an answer on Friday, 31 May 2019. It was answered by Lord Henley (Conservative) on Wednesday, 29 May 2019 on behalf of the Department for Business, Energy and Industrial Strategy.
British Steel: Loans
- Question
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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.
- Answer
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I refer the noble Lord to the answer I gave to him on 10 May 2019 to Question HL15469.
Secondary information
- Type
- Written question
- Reference
- HL15810
- Session
- 2017-19
- Related items
- Subjects
- Cost effectiveness British Steel Fees and charges Interest payments Loans Greybull Capital
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-10-09 15:16:43 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL15810
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- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL15810
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL15810