Watchdog: 'No evidence' Greensill supply-chain finance had any benefit

Report comes after company's collapse in March 2021

clock • 2 min read
Watchdog: “No evidence” Greensill supply-chain finance had any benefit
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Watchdog: “No evidence” Greensill supply-chain finance had any benefit

A new report from the National Audit Office has found “no evidence” that the predicted benefits and savings from Greensill Capital’s supply-chain finance scheme for pharmacies were realised.

The report comes following an investigation into Greensill Capital, which once claimed to be the UK's most valuable financial technology company, that began after its collapse in March. It analyses...

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