UK taxpayer backed Greensill Capital’s loans to Sanjeev Gupta-linked companies, with 11 UK employees

NY, USA - FEBRUARY 29, 2020: Homepage of softbank website on the display of PC, url - softbank.jp.

@peter_IFAMAG reads Twitter so you don’t have to.

The FT reveals Greensill Capital provided state-supported funding to entities with ties to steel magnate Sanjeev Gupta, and with only 11 UK employees. Elsewhere UK house prices pepper twitter as new data reveals ‘paradoxical’ boom.

Ashley Armstrong covers new Tesco boss Ken Murphy’s first outing earlier today.

Portfolio Adviser says Woodford wind up fees ‘mind boggling.’

Tom Belger reports UK house prices up 7.3% year-on-year.

However, Henry Pryor provides alternative data suggesting house prices rise more modest.

Neal Hudson shares interesting visualisation demonstrating mortgage lending flows since 1979.

Newly appointed Lord Prem Sikka shares outrage over remarkable lending practices of Greensill Capital. The SoftBank-backed corporation provided tens of millions of UK government-guaranteed loans to two companies with only 11 UK employees.

What are your thoughts on these tweets?

Tweet your responses to @peter_IFAMAG

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