What is the Greensill lobbying affair all about?

Jon Stone explains why questions are hanging over the chancellor – and what David Cameron’s role was

Rishi Sunak hosts a press conference in Downing Street (Reuters)

Rishi Sunak is facing questions about his role in the Greensill lobbying affair. But just what is it?

This week the Financial Times reported that specialist bank Greensill Capital had lobbied the Treasury to include the firm in state-backed emergency Covid loan schemes.

Under these schemes, the Treasury underwrote loans issued by banks to help businesses facing disruption due to the pandemic.