Source · Select Committees · Public Accounts Committee
Recommendation 24
24
Greensill Capital actively marketed its salary advance scheme, Earnd, to NHS trusts at no cost...
Conclusion
Greensill Capital actively marketed its salary advance scheme, Earnd, to NHS trusts at no cost to employers or employees. Representatives of Greensill Capital often attended NHS group meetings of trust leadership and senior management to pitch the service. Greensill Capital had explained to NHS trusts that providing a free alternative to high- cost loans for NHS employees was an act of corporate social responsibility.25