UK Financial Investments (UKFI) was set up on 3 November 2008 to manage the Government's investments in financial institutions including Royal Bank of Scotland (RBS), Lloyds TSB/Halifax Bank of Scotland (Lloyds Banking Group), Northern Rock and Bradford and Bingley.
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PRESS RELEASE
11th January 2012

UKFI Management Changes
UKFI today announces that Sir David Cooksey is retiring as Chairman. Robin Budenberg will become Chairman in his place and Jim O'Neil (currently responsible for UKFI's investments in Lloyds and RBS) will become Chief Executive. download [18,8 KB]


PRESS RELEASE
1st January 2012

UKFI confirms completion of Northern Rock sale to Virgin Money
UK Financial Investments Ltd (UKFI) today confirms the completion of the sale of 100% of the share capital of Northern Rock plc (Northern Rock) by HM Treasury to Virgin Money Holdings (UK) Limited (Virgin Money) download [15,5 KB]