UKFI is a Companies Act Company (Company no: 6720891), with HM Treasury as its sole shareholder. The company’s activities are governed by its Board, which is accountable to the Chancellor of the Exchequer and – through the Chancellor – to Parliament.
Membership of the UKFI Board comprises an Executive Chairman, Non-Executive Directors from the Private Sector and a Senior Government Official nominated by HM Treasury. James Leigh-Pemberton is the Executive Chairman.
UKFI today confirms that UK Asset Resolution Limited (“UKAR”) has announced that it will seek expressions of interest in respect of divestments. download [109,1 KB]
Intention to sell shares in Lloyds Banking Group plc through a trading plan.
UKFI today announces that it intends to sell part of Her Majesty’s Treasury’s (“HMT”) shareholding in Lloyds Banking Group plc (the “Company”) over the next six months through a pre-arranged trading plan that will be managed by Morgan Stanley & Co. International plc (“Morgan Stanley”). download [265,5 KB]