- greensill which was true but lex greensill— greensill which was true but lex greensill when _ greensillsill when he gave his evidence this week stated that _ greensill when he gave his evidence this week stated that you _ greensill when he gave his evidence this week stated that you had - greensill when he gave his evidence this week stated that you had an - this week stated that you had an open _ this week stated that you had an open invitation— this week stated that you had an open invitation to _ this week stated that you had an open invitation to board - this week stated that you had ani open invitation to board meetings and that— open invitation to board meetings and that you _ open invitation to board meetings and that you attended _ open invitation to board meetings and that you attended regularly, i open invitation to board meetingsl and that you attended regularly, is that the _ and that you attended regularly, is that the case? _ and that you attended regularly, is that the ease?— and that you attended regularly, is that the case? yes. during - and that you attended regularly,

office, the treasury and perhaps mr greensill himself. . .— greensill himself.... doubtless much more on that on the six o'clock news. right now, we turn our attentions to the state of the nhs. we have been talking a lot today about waiting times, particularly in england, because at this data that we have. the highest levels on record, and we are reflecting all day on the effect of the pandemic on the nhs hospital treatment. victoria derbyshire has spent the day in london. let's return to her now. find london. let's return to her now. and those figures. _ london. let's return to her now. jifuc those figures, which were london. let's return to her now. a"ic those figures, which were published at 930 this morning are astounding. nearly 5 million people on the waiting list. writing this were increasingly gradually before the pandemic, and obviously it has exactly dated the length of the waiting list and the time that people are waiting for treatment for things like routine operations — cataracts, knee surgery, hip replacements, that kind of stuff. guy's and st thomas

because they didn't lend money to greensill capital despite — lend money to greensill capital despitene. the wider issue certainly is fine. the wider issue certainly is very— is fine. the wider issue certainly is very concerning because it comes down _ is very concerning because it comes down to— is very concerning because it comes down to people jobs and also seo. we down to people jobs and also seo. we do need _ down to people jobs and also seo. we do need to— down to people jobs and also seo. we do need to keep some steel capability in our country because it's strategically important. from both of— it's strategically important. from both of those points for the government. it doesn't look at mike until now— government. it doesn't look at mike until now the governments willing to offer up _ until now the governments willing to offer up bailout to greensill capitai~ _ offer up bailout to greensill capital. liberty still. will have to see how — capital. liberty still. will have to see how this plays out on the back of this— see how this plays out on the back of this investigation.— of

lex greensill.aid the government is truly sorry for the events in ballymurphy 50 years ago, in which ten people were killed. in the space of 36 hours in august 1971, nine men and one woman were shot in and around the ballymurphy area of belfast in the wake of an army operation. brandon lewis told the commons that the findings of the coroner earlier in the week were clear. those who died were entirely innocent of wrongdoing. the events of ballymurphy should never have happened. the families of those who were killed should never have had to experience the grief and trauma of that loss. they should have not had to wait nearly five decades for the judgement this week, nor have been compelled to relive that terrible time in august 1971 again and again in their long and distressing quest for truth. the government profoundly regrets and is truly sorry for these events, and how investigations after these terrible events were handled, and for the additional pain that the families have had to endure in theirf

lex greensill began the session with an apology.esponsibility for the collapse of greensill capital. i am desperately saddened that more than 1000 very hard—working people have lost their jobs at greensill. the former city minister, lord myners, has expressed concerns about greensill. he'd had a meeting with the firm. he told us that when he left the meeting, when he'd gone down and was thinking about it, into his mind came the idea that what was going on here was, lam paraphrasing, a ponzi schemes he describes. you have discredited his evidence. you've tried to - discredit his evidence. who should be relieved, lord myners, or you? i who's lying? who is not telling us the truth here in this committee? - the public deserve to know the truth, mr greensill. - i have told the community the truth today. i was very surprised to hear the evidence that lord myners provided to this committee two weeks ago. it is not consistent with my recollection of the events. the reason giving during the lobbying as far as we know, for these approaches to

greensill capital has since gone bust. we've just heard from lex greensill for the first time.addened that more than 1000 very hard—working people have lost theirjobs 1000 very hard—working people have lost their jobs with 1000 very hard—working people have lost theirjobs with greensill. remember, david cameron lobbied hard to get access to government funding less than 12 months before it collapsed. but some have raised questions about how david cameron approached those in power. public office should not become the platform _ public office should not become the platform for private gain. i don't really _ platform for private gain. i don't really think former ministers and former— really think former ministers and former prime ministers should be engaged — former prime ministers should be engaged in lobbying for particular commercial companies when they are lobbying _ commercial companies when they are lobbying their successors whom they know very _ lobbying their successors whom they know very well and could have access to them _ know very well and could have access to them it'

saying, again, greensill have got, i know, i am genuinely baffled.n that was paying him to do this lobbying. please understand that i bear complete responsibility for the collapse of greensill capitai _ i am desperately saddened that more than 1,000 very hard—working people have lost theirjobs at greensill. it is not just it is notjust the 1000 people at greensill, the collapse of him as middlemen between investors on one side and customers on the other have left both in the lurch, including the uk's third largest steel maker, liberties deal. he said he could not comment on the relationship between greensill and liberty steel, because there is an investigation into that, which may have criminal allegations into it, which they deny. david cameron is not facing any criminal investigations, but he is facing uncomfortable thursday afternoon when he faces a group of mps. police are searching a cafe in gloucester for the body of a 15—year—old girl who is thought to have been murdered more than 50 years ago by the serial killer fred west. mary bastholm went

capital — with my friend lex greensill."ted, redacted, redacted, black, black." "see you with rishi for an elbow bump orfoot tap, love, dc." now, one of the things he was asked this afternoon was, why did you say "love, dc"? and actually we might hear that clip. we will, because then he was being quizzed today by two different parliamentary committees, so we've had about 19 hours of david cameron on television today. and it's the first time that david cameron has talked publicly and extensively about his role, which is why, if you've been following this story, today was a really important day. but i think really what was notable was actually the embarrassment level for him today, rather than it revealing a whole cache of new information about exactly what's happened with greensill. so, gavin, just an opening thought from you about how awkward this is for a former prime minister, and then we'll have a listen to some of the things that he said. yeah, i think you summarised it really well. it will have been a really embarrassin

as you say lex greensill gave evidence himself today~ _ lex greensill gave evidence himself today in—or. he did -ive company and his own behavior. he did give a _ company and his own behavior. he did give a pretty— company and his own behavior. he did give a pretty good performance. at the same _ give a pretty good performance. at the same time as the treasury select committee _ the same time as the treasury select committee dumped all this information including david cameron's information with various ministers _ cameron's information with various ministers it— cameron's information with various ministers it also pointed out that the financial conduct authority is now looking into the collapse of the group _ now looking into the collapse of the group which could herald more trouble — group which could herald more trouble for it mr greensill ahead. the focus — trouble for it mr greensill ahead. the focus on mr cameron. more remarkable messages over and over again— remarkable messages over and over again to _ remarkable messages over and over again to ministers remember at the time gra

company greensill capital.does go on for the brit awards and without face masks or social distancing, as part of the government's pilot for entertainment events. good evening. welcome if you have just welcome if you havejustjoined us. the fight is won — that was the emotional reaction from one relative after hearing an inquest in northern rule that ten people shot 50 years ago in ballymurphy in west belfast — were entirely innocent. the coroner attributed all but one of the shootings to the british army, and ruled that the use of lethal force by soldiers over a period of three days in 1971 was not justified. one of those killed was a catholic priest — another a mother of eight. our ireland correspondent emma vardy reports. northern ireland's past continues to be carried into its present. a fresh inquest into the deaths of the ballymurphy victims was brought about by theirfamilies�* campaign. today marked the culmination of a 50—year search for truth. in 1971, the army went into a housing estate in the ballymurp

arguing for now failed greensill greensill capital to take part emergency loans last year.mergency loans last year. he is silent- this _ emergency loans last year. he is silent. this is _ emergency loans last year. he is silent. this is a _ emergency loans last year. he is silent. this is a painful— emergency loans last year. he is silent. this is a painful day. - silent. this is a painful day. admitting at the start that he could have acted differently, but he... nothing i did was against the rules, but it would be better to only use the most formal means of contact by a letter. . , , ., the most formal means of contact by a letter. , ., ., ., a letter. last year, david cameron a- ealed a letter. last year, david cameron appealed to _ a letter. last year, david cameron appealed to colleagues _ a letter. last year, david cameron | appealed to colleagues repeatedly. lobbying... a message to the chancellor, saying that... and then his old friend, michael gove. is the treasury rejected a request but one which has now gone hunter was allowed to give out millions of pounds throu

the reason greensill ultimately failed _ the reason greensill ultimately failed is — the reason greensillson for— i'm sure you are asking what was the reason for the withdrawal of that insurance — reason for the withdrawal of that insurance capacity, and i think that comes— insurance capacity, and i think that comes down to three things. first, covid _ comes down to three things. first, covid it— comes down to three things. first, covid it had — comes down to three things. first, covid. it had an impact on the entire — covid. it had an impact on the entire insurance industry and specific— entire insurance industry and specific customers of ours. and indeed. — specific customers of ours. and indeed. i— specific customers of ours. and indeed, i recognise that this body is considering what changes may be necessary— is considering what changes may be necessary to regulation and i had some _ necessary to regulation and i had some views about which... on that, what precise — some views about which... on that, what precise date _ some views about which... on that, what precise date was _ some vi

an apology from lex greensill.ue at the height of the pandemic last year, including this message to the chancellor sent on the ath of april... yes... david cameron has released a statement... then right, our political correspondent, is in westminster. what is slightly awkward about these text messages is that it starts at the top, then he starts moving down the top, then he starts moving down the list, until he gets to middle ranking civil servants, and they are still not calling him back! chuckles where they are not biting. and he's apologetic about pestering them constantly during the pandemic, spring of last year. he texted the senior civil servant and said, one last point, then i promise i will stop annoying you! this is a former prime minister, four years out of office, texting everybody knows at the top of government asking for favours, asking for greensill capital to get a look in when it comes to this government backed covid loan scheme. he wants greensill capital to be treated like another creditor as othe

so the wider issue was a distinct issue from greensill.— from greensill.g , side of it. thank you. just turning to the second _ side of it. thank you. just turning to the second issue _ side of it. thank you. just turning to the second issue i _ side of it. thank you. just turning to the second issue i raised, - side of it. thank you. just turning to the second issue i raised, the l to the second issue i raised, the amount— to the second issue i raised, the amount of— to the second issue i raised, the amount of time spent looking into this, _ amount of time spent looking into this, the _ amount of time spent looking into this, the bank, as you will know, and the — this, the bank, as you will know, and the permanent secretary and second _ and the permanent secretary and second permanent secretary to the treasury. _ second permanent secretary to the treasury, when asked the question, you know. _ treasury, when asked the question, you know, did you give this the same amount— you know, did you give this the same amount of— you know, did you give this the same

there are several investigations into greensill.part of trade. laura kuenssberg, bbc news, westminster. india is stll in the grip of the coronavirus pandemic, with more than 4,000 deaths recorded in the past 24 hours alone. india currently accounts for half of all global cases, and almost a third of all deaths worldwide. one of the states seeing the sharpest increases in numbers is west bengal. from the state's capital kolkata, yogita limaye reports. 1,000 miles from delhi — kolkata. look at this. a frighteningly busy market in a region where covid has surged nearly 80 times in the past two months. people here are scared but they have to work, to eat. and this is the cost. in the entrance of a public hospital nearby, people are already struggling to get basic care. all the beds here, hundreds, are already full. and the sick keep coming. "i don't know how long we can continue like this," says this doctor. "even a war comes to an end, but here it is wave after wave." one in six people in the world live in india. and kolkata is among i

with greensill in particular, they have had greensill -- it is likely to drag on.will half to try to get money back to clients over a period of time, which may involve restructuring. there is also an insurance impediment, as a lot of these were injured through an australian subsidiary, so we will see whether that will pay out. tokyo marine are basically disputing the liquidity of those contacts, so that will take a long time to come through. a lot of things for credit suisse to try to wrap up in order to draw a line under this in terms of high-profile departures from the bank. it will roll on for a while, i think it is fair to say. guy: great coverage, great reporting. thank you very much, lucca de pa oli of bloomberg, covering that story relating to softbank and credit suisse, cutting ties. interesting to see how long that lasts. it was interesting, because a lot of people thought and were expecting that the archegos story, what happened with greensill, would be a big part of the hearings on the hill, but it did not turn out that way. kailey: i think there was one

on the same story, the metro says the former pm travelled to cornwall on lex greensill�*s private jetying the government. the guardian goes with the cameron story — but also has an image from that stand—off between protestors and immigration enforcement officers in glasgow. the yorkshire post says local restrictions may be imposed, due to the recent spread of the indian variant. the pm is under pressure to up vaccination rates in worst affected areas, according to the mirror. the mail takes a swipe at prince harry, over comments he made to a us podcast about the royal family. there's a similar look to the sun, which says the duke of sussex has blasted his father's parenting. so let's begin... terrifying thing for any parent when the child comments on the parenting skills. the independent and this is the worrying question about what happens with this new variant. we are told that the vaccines will help protect us from getting seriously ill. but nonetheless there is some anger at least in lancashire but an effort to provide search oxidation has been blocked by the nhs. what's auoin on?

there are several investigations into greensill.sberg, bbc news, westminster. our top story this evening — the prime minister says he's anxious about a rise in the indian covid variant in the uk, as scientists meet to discuss its spread. sir alex ferguson on his illustrious career, life—changing illness and the new film that tells the story. coming up in sportsday on the bbc news channel, a fresh start for the former wales coach rob howley — we hear how how he's rebuilding his career with canada, after breaching betting rules that saw him sent home from the world cup in 2019. part of the river tame in greater manchester has been named as the most plastic—polluted river bed in the uk. a study, carried out across the river, revealed very high concentrations of tiny plastic particles that scientists say have come from sewage — untreated waste water which is regularly released into the river. our science correspondent victoria gill has more. capturing a snapshot of the plastic pollution in our rivers. this spot on the river tame has the

the snp asked whether david cameron's work for the collapsed finance firm greensill capital had brokendavid cameron what was an adviserl for greensill capital has - reported, it had share options worth tens of - millions of pounds. does the 57 messages to senior officials that we're aware - of regarding greensill capital give any cause for suspicion. of impropriety, and will that be investigated - by an independent adviser? these issues are being looked at. there are reviews in train, and it would not be appropriate for me to comment on those until they have reported. i think all members of this house will want things looked at. they will want to ensure that we get to the bottom of these issues, and i hope too that we will look at the wider issues around gfg and the role of the snp in those matters. the steel company gfg was greensill�*s largest client — it was also lent money by the scottish government. a conservative said the national audit office had found no evidence that ministers interfered in ppe contracts. does my right honourable friend agree that throwing unsubstantiated mud

now. 17 german cities have now decided to take joint legal action against the insolvent greensill banks including claims for damages however the insolvency administrator expects the proceedings to take at least 5 years. is changing its policy as a result in the future the city will only invest in secured assets. so for me the business teams are largely to be dot com slash business. it's not just a sanitarium in. the burial ground and found intact. people who perished wants to. find the final resting place. anonymous alive forgotten by the wilds. never mole long. we've got some tips for your bucket list. corner. and some great cultural memorials to boot. we go. to. a low and welcome to a new edition of focus on europe thanks for joining us today nato is pulling its troops from afghanistan and that includes the german bund a spam the consequences of this move can be seen in europe. around $10000.00 soldiers are deployed at the hindu kush now they are packing their bags.

they are still cleaning up the greensill related funds.not know how much investors will lose overall. and there is still the archegos de-risking. they are still going through portfolios to see what other risks might lie there. matt: how big of a hit is cutting ties with softbank going to be? it seems like this is a client that might have further fees to offer. >> softbank is a good example of what their business model is. credit suisse tends to like to have these big clients. they were banking with softbank and doing a lot of m&a deals and they also have this relationship through the greensill fund and their asset management unit and you can bet they have some wealth management relationships with people in and around softbank. it is an example of how credit suisse has built up its business and why there might be problems with doing business that way. what other relationships with other entities might there be with this bank that might be worth reviewing at this point? matt: thank you for joining us. our swiss reporter on the credit suisse

do you think that, to some extent, lex greensill�*s and use of people like david cameron covered up someies? and sort of meant that people, actually, they would become anything but? i am not on a position to comment on anything... following direct contact with the firm, not with any adviser. it's useful, but the day before you give us evidence, you announced to you were actually looking into the reasons. of the collapse. why weren't you looking into it earlier? i wrote to the committee on the 4th of may. in reliance to the chair letter, investigations have been going on since significantly before then. nikhil rathi — and the committee's due to take evidence from david cameron on thursday. members of the house of lords were promised some financial advice from one of their newest members. lord lebedev, who owns the evening standard and the independent newspapers, offered this. i will also be able to teach the house that a small fortune. sta rt start with a large fortune, and then buy a newspaper. lord thompson is quoted as describing television as a licence to print money. newspaper publis

its founder, the australian banker lex greensill, has been appearing before mps speaking publicly foree published texts from david cameron revealing the extent of his lobbying for the firm. the former prime minister will appear before the same mps on thursday. our business editor simonjack is with me. there simonjack is with me. were a lot of texts, more ti 40 there were a lot of texts, more than 40 of them. there were a lot of texts, more than 40 of them-— 40 of them. what is revealed is a very intense _ 40 of them. what is revealed is a very intense bout _ 40 of them. what is revealed is a very intense bout of _ 40 of them. what is revealed is a very intense bout of lobbying - 40 of them. what is revealed is a | very intense bout of lobbying over 40 of them. what is revealed is a i very intense bout of lobbying over a period last year from very intense bout of lobbying over a period last yearfrom march, april and may on behalf of his then new employer, greensill capital, and it is a who's who of treasury ministers and civil servants, john glenn, david cameron here, there is a proble

david cameron being questioned by mps later, 2:30pm over lobbying for greensill capital.pandemic as it hit, while he was also urging the government to give the company access to public funds? 50 there is an important question so there is an important question about the management of public money, so important things that mps will want to probe and there will be a few hours of questioning. thank ou, a few hours of questioning. thank you. damien- _ the uk government "profoundly regrets and is truly sorry" for the events surrounding ballymurphy in 1971, the northern ireland secretary has told parliament. he said this also extended to the families for the "additional pain" they have had to endure and at how investigations were handled. an inquest found ten people, who were shot in the wake of an army operation in belfast, were "entirely innocent". i want to put on record the government's acknowledgement of the terrible hurt that has been caused to the families of francis quinn, father hugh mullan, noel phillips, joan connolly, daniel teggart, joseph murphy, edward doherty, jo

, greensill financing.try and save liberty steel. he was seeing sanjeev gupta as the saviour of hundreds of thousands of steel jobs gupta as the saviour of hundreds of thousands of steeljobs around the country. liberty steel and its gfg alliance has been in really serious trouble since greensill capital went bust back in march. so the sfo is to investigate there. there had been allegations of erroneous or irregularities in terms of the invoicing from that company. now let's turn to india. 343,144 new coronavirus cases have been reported in the last 24 hours, along with 4,000 more deaths. it brings the total number of coronavirus cases in india above 24 million. the country is fighting against a second wave of the virus, spurred by variants and also a slow vaccine roll—out. hospitals buckling under the pressure to treat patients amid a chronic shortage of beds and medical oxygen. the bbc understands that legislation brought in by the indian government, is preventing non—profit organisations from supplying ox

over suspected fraudulent trading and money laundering, including its financing arrangements with greensillcameron was an adviser. let's speak to our business correspondent theo legget. theo, what's prompted this sfo investigation? the sfo would not say precisely. it tells us it is investigating suspected fraud, fraudulent trading and money laundering in relation to financing and conduct of the businesses of the gupta family group lies. there have been lots of speculation around the gupta group in recent weeks. it is a loose conglomerate of metals companies around the world, with 35,000 employees, 5000 of which are in the uk, including liberty steel, and they've had a close financing relationship with greensill capital. one of the allegations made in the financial times recently concerned invoices that were being presented by the gupta group companies to greensill in exchange for loans so this was evidence of money owed to them so according to the financial times there are questions over the authenticity of some of these invoices, but companies named on them said they had no dealings with t

touch @vicderbyshire former prime minister david cameron faces questions from mps about his links to greensilltal. and a major ovarian cancer screening programme has failed to show any reductions in deaths. hello and welcome to bbc news. the deadly conflict between israeli forces and palestinians has continued overnight, despite appeals for calm from political and religious leaders. hamas fired more rockets into israel in response to heavy israeli air strikes in the densely populated gaza city. some 67 palestinians and seven israelis have now been killed since the violence flared at the start of the week. and it's been reported that all flights are being diverted from tel aviv airport. courtney bembridge has this report — and a warning there are some flashing images. it was another night of explosions in gaza city, as heavy israeli air strikes and palestinian rocket fire continued. in the tel aviv suburb of lod, palestinian protesters torched a synagogue and confronted motorists. translation: they heard my accent was not arab. - they ran up to my car and started throwing stones. i was lucky th

the latest development on the greensill inquiry revealing that former prime minister david cameron sent like dozens of his employer. more on this from the eye reporting mr cameron sent in all 47 messages to ministers and officials as he tried to get the treasury to change the rules that would been beneficial to greensill. let's begin if we may. with e—mail. e—mail is becoming quite a critical voice for this particular conservative government, is annette? and what one of my under new management in terms of my under new management in terms of its editorial line in the last year or so. of its editorial line in the last year orso. debenture. of its editorial line in the last year or so. debenture. what you make of the line taking?— of the line taking? what's very interesting _ of the line taking? what's very interesting is _ of the line taking? what's very interesting is it _ of the line taking? what's very interesting is it if _ of the line taking? what's very interesting is it if you - of the line taking? what's very interesting is it if you look - of the line taking? what's very i intere

i wouldn't accept that for one second because the in the end cameron's lobbying was unsuccessful greensill capital collapsed in march this year after its insurers withdrew their cover that's jeopardized $5000.00 steelmaking jobs in the u.k. because the bank was key lender to the firm liberty steel one former minister has told m.p.'s greensill had elements of a ponzi scheme something david cameron rejects and while he accepts he should only have gone through official channels he says he broke no rules the team barbara al-jazeera these are the al-jazeera headlines of his whole robin in doha israel is continuing its bombardment of gaza are ignoring international calls the calm $113.00 palestinians have been killed since monday including $32.00 children hundreds of families are taking shelter in un run schools in northern gaza to escape israeli artillery fire israeli prime minister benjamin netanyahu says the offensive won't stop until peace returns as i know we've moving in. as it will we will collect a very high price from her mouth and the rest of the terrorist organizations and we will con

greensill at no time sought funding for itself but cameron's lobby included 9 whatsapp messages to chancellery she soon ak complaining the treasury's objections to green so its application were nuts as well as a dozen text messages to the treasury's top civil servants the previous year cameron and lex green so had met health secretary matt hancock for a private drink to discuss a new payment scheme for national health service staff turning now to green. i'm not named. daily or weekly in advance directive that your not being the n.h.s. wasn't but it's house but for the house the going so spend its balance sheet i wouldn't accept one second because the in the end cameron's lobbying was unsuccessful greensill capital collapsed in march this year after its insurers withdrew their cover that's jeopardized $5000.00 steelmaking jobs in the u.k. because the bank was key lender to the firm liberty steel one former minister has told m.p.'s green still had elements of a ponzi scheme something david cameron rejects and while he accepts he should only have gone through official channels he says he broke no

i wouldn't accept that for one second because the in the end cameron's lobbying was unsuccessful greensillcapital collapsed in march this year after its insurers withdrew their cover that's jeopardized $5000.00 steelmaking jobs in the u.k. because the bank was key lender to the firm liberty steel one former minister has told m.p.'s green still had elements of a ponzi scheme something david cameron rejects and while he accepts he should only have gone through official channels he says he broke no rules the barber al-jazeera . so this is out there these are the top stories and israel has intensified its aerial bombardment of gaza killing a mother and her 3 sons $119.00 palestinians including $31.00 children have been killed since the offensive began on monday will have massed fired another $220.00 rockets towards israel hitting the city of ashkelon at least 8 people have died in israel since the conflict escalated the israeli military is deploying troops and military hardware and has plans for a ground offensive.

it comes as former prime minister david cameron faces questions over lobbying for greensill.as has delayed its plans to resume international operations. the carrier had planned to begin flying overseas again from october 2021 and was selling tickets for most of its network beyond that date. but it now says that the restart date has been pushed back to december. uber and lyft are set to offer free rides to anyone travelling to or from covid—19 vaccination sites in the us. they will be available within the next two weeks through the taxi firms' apps until 4july as part of government efforts to increase vaccine take—up, the white house announced on tuesday. more than 40% of the members of the american chamber of commerce in hong kong are considering leaving the financial hub, with most claiming the state's sweeping national security law makes them feel uncomfortable. the legislation was imposed by beijing in 2020. joining me now from asia business hub of singapore is shara njit leyl. that is a lot of members, nearly 40%, sharanjit? absolutely, sally, and it comes from a new surv

he denied he was motivated by a big greensill paycheck. senior members of the cabinet did the former prime minister any special favors. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. anna: laura wright and london. the largest u.s. current -- u.s. crypto exchange of plans to offer dogecoin. emily chang spoke with the president of coinbase. >> the crypto economy is taking off and coinbase as a platform is taking advantage of that opportunity. it is cool to see this wave of activity not only from retail users but also institutions. we had seen it in droves before. what you're seeing is there is a lot more credibility in the space. we have high-quality institutions. >> you have been a public company for a few weeks now. a huge debut. a lot of volatility in the crypto space in general but also in coinbase shares. what has it been like being a public company and what you make of the volatility? >> it is a future. not a bug. we were o

greensill capital financed the deal. i assets, double what he paid. i think there were questions as to whether the scottish government were cautious enough with tax—payer funds, given gfg group were able to raise so much extra cash for themselves. there is also the question of land. sanjeev gupta gave an undertaking to undertake part of the vast estate that came with the smelter to community ownership, locals say he hasn't. i ownership, locals say he hasn't. . . , ownership, locals say he hasn't. ., ., , ., ~ hasn't. i am angry, and like most of— hasn't. i am angry, and like most of the _ hasn't. i am angry, and like most of the local— hasn't. i am angry, and like most of the local people . most of the local people feeling very powerless. we put in a plan for the land which would have supported the community. and now we haven't got that, and sanjeev gupta has reneged on his promise. the scottish government told us it had intervened to save a strategic asset and to protect hundreds ofjobs. sanjeev gupta has kept the smelt

of coincidences that led to this result but acknowledging failed investments such as we work and greensillm the uk prime minister david cameron to creditors like credit suisse, lots of questions being asked about softbank�*s capital injection into greensill and some of its portfolio firms have a level of exposure so we don't yet know the full extent of how much this will come back to haunt softbank and that in part is now taking off some of the shine of the shares. 0k. sharanjit leyl 0k. shara njit leyl with 0k. sharanjit leyl with us there. stay with us on bbc news, still to come: a side order of flies for your cat? will buyers catch the bug for insect—based pet food? "the pope was shot, the pope will live" — that is the essence of the appalling news from rome this afternoon that, as an italian television commentator put it, terrorism has come to the vatican. the man they called the butcher of lyon, klaus barbie, went on trial today in the french town where he was the gestapo chief in the second world war. winnie mandela never looked like a woman just sentenced to six years injail. the ju

fraud and money laundering in connection with invoices sent to its major finance or the now bankrupt greensill capital. green says implosion has rocked britain's business and political classes former prime minister david cameron was grilled by lawmakers about his lobbying for the company this week right i said there's a strong argument that having a fool of prime minister you gauge on behalf of any commercial interest no matter how laudable motives and cools can be open to misinterpretation perhaps that's especially so when the communication systems we will use in the heat of responding to a crisis of text. rather than the more formal approach of right now group his empire is facing the heat criminal scrutiny and it still needs to secure financing to replace green still and protect its employees around the world. ella take a look at some other business stories making headlines. in northern japan is now under a state of emergency juta the spread of covert 19 people there won't be able to eat out and must avoid nonessential travel to other prefectures also face tighter restrictions. air b.n. b.

prime minister david cameron is defending his intensive lobbying for the now collapsed greensill capitalduring nearly four hours of interrogation by two parliamentary committees, cameron denied he was motivated by a big greensill paycheck. investigations are underway whether the government did the prime minister any special favors. global news 24 hours a day, on-air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. annmarie: thanks so much. annabelle droulers in hong kong. president biden hails what he caused a great milestone as public health officials say fully vaccinated americans can stop wearing masks. but in the u.k., a little bit more of an anxious feeling on what's going on with variant from india. there's a divergence across the transatlantic. that's coming up next. this is bloomberg. ♪ ♪ >> and today, with the cdc's guidance in terms of the relaxation of mask requirements, we think it's again going to be a big catalyst for growth and actually being able to put the number of people in our parks that w

david cameron went to work for greensill after leaving office.s allowed but it's meant to be transparent. they were nearly 60 attempts to get in touch with him a message to the chancellor. is the treasury rejected a request but one which has now gone hunter was allowed to give out millions of pounds through a separate scheme. and please this afternoon when it turned to wrinkle mr cameron's smooth reputation. you turned to wrinkle mr cameron's smooth reputation.— turned to wrinkle mr cameron's smooth reputation. you not feel you have demeaned _ smooth reputation. you not feel you have demeaned yourself— smooth reputation. you not feel you have demeaned yourself and - smooth reputation. you not feel you have demeaned yourself and your i have demeaned yourself and your position by using whatsapp to get your way around? what position by using whatsapp to get your way around?— position by using whatsapp to get your way around? what a big given the economic— your way around? what a big given the economic crisis _ your way around? what a big given the e

a probe into the gulf family group alliance business empire and its financing arrangements with greensill capital the alliance owned hundreds of companies across the world it's the family business of steel tycoon sanjay gupta. steel aluminum mining financial services and real estate those are just some of the interests of the companies owned by the group the family group alliance sanjeev gupta empire employs 35000 people around the world and accounts annual revenues of $20000000000.00 now it's under investigation by britain's serious fraud office the charges include suspected fraud and money laundering in connection with invoices sent to its major finance or the now bankrupt greensill capital brain cells implosion has rocked britain's business and political classes former prime minister david cameron was grilled by lawmakers about his lobbying for the company this week write to me we've said there's a strong argument that having a former prime minister gauge on the heart of any commercial interest no matter how laudable the motives and cause can be open to misinterpretation perhaps that's

s greensill had elements of a ponzi scheme something david cameron rejects and while he accepts he should only have gone through official channels he says he broke no rules the barber al-jazeera . well as more and more people get vaccinated in europe the hope of a summer holiday is returning in many countries and not just for travelers but also for those places reliant on the tourist industry greece is about to start welcoming visitors from the u.s. and elsewhere in the european union and its don't report so from packs oil in court food the islands are desperate for the tourist income. corfu is one of greece's most popular islands for holiday makers with 2 and a half 1000000 visitors here in 2019 the talk was about over tourism no longer last year's tourism revenue fell by 3 courses because of covert 19 and because tourism is the main industry 8 in 10 people were left unemployed and dependent on state aid many businesses have gone bankrupt lenny who sickle poulos says she feels lucky to be able to reopen just after all and i worry about going out of business i'm not optimistic this year a

greensill it no time sort funding for itself but cameron's lobby included 9 whatsapp messages to chancelleryshe soon complaining the treasury's objections to green to its application were nuts. as well as a dozen text messages to the treasury's top civil servant the previous year cameron and lex green still had met health secretary matt hancock for a private drink to discuss a new payment scheme for national health service staff turning now to green's those proposals for our n.h.s. i'm not named urged. daily or weekly in advance do you accept that your lobbying the n.h.s. wasn't but it's house but for the house the greens so spend its balance sheet i wouldn't accept one second because the in the end cameron's lobbying was unsuccessful greensill capital collapsed in march this year after its insurers withdrew their cover that's jeopardized $5000.00 steelmaking jobs in the u.k. because the bank was key lender to the firm liberty steel one former minister has told m.p.'s green still had elements of a ponzi scheme something david cameron rejects and while he accepts he should only have gone thro

it seized on him using the private plane that lex greensill who then was his employer owns to be abletravel between london and uk airport in which he has a home. what do you make around the papers? i have to say, there's not much sympathetic coverage so far in the front pages. we haven't seen all the front pages but the ones we've seen so far, they're not terribly sympathetic to mr cameron. the irony actually is he's the probably— the irony actually is he's the probably most sympathetic one is the ft which _ probably most sympathetic one is the ft which goes on his defense. obviously— ft which goes on his defense. obviously this whole story is targeted reported from the sunday times _ targeted reported from the sunday times. , ., ., , times. yes, we heard from gabriel earlier and — times. yes, we heard from gabriel earlier and she _ times. yes, we heard from gabriel earlier and she said _ times. yes, we heard from gabriel earlier and she said it's _ times. yes, we heard from gabriel earlier and she said it's down - times. yes, we heard from gabriel earlier and she said it's down to i