Written question asked by Lord Myners (Crossbench) on Tuesday, 11 June 2019, in the House of Lords. It was due for an answer on Tuesday, 25 June 2019. It was answered by Lord Henley (Conservative) on Thursday, 20 June 2019 on behalf of the Department for Business, Energy and Industrial Strategy.

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British Steel: Loans

Question

To ask Her Majesty's Government, further to the Written Answer by Lord Henley on 22 May (HL15809), whether the review and assessment process followed by the British Business Bank also applied to the process supporting their grant of a £120 million loan to British Steel; and whether that process included a review of the (1) capital structure, (2) tax planning, and (3) managerial record, of Greybull Capital and its associates.