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Greensill expected £22bn flotation that could have meant Cameron windfall

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Exclusive: Bankers predicted huge valuation that implied potential nine-figure pay day for former PM

Greensill Capital was considering a £22bn stock market flotation– a figure that dwarfs previous estimates and implied a potential nine-figure windfall for its adviser David Cameron – only weeks before the former prime minister’s intensive government lobbying.

The new figure is revealed in a presentation for the company’s board in late January 2020 by its bankers Credit Suisse, which outlined plans to position “Greensill for a premium valuation”, described the lender as a “once in a generation” company that “any growth investor must own”.

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