Wholly-Owned Investments 

UKFI is responsible for managing the Government’s 100 per cent shareholding in UK Asset Resolution Limited (UKAR) on behalf of HM Treasury. UKAR was established on 1st October 2010 to manage the closed mortgage books of NRAM plc and Bradford & Bingley plc. UKFI also managed the Government’s 100% shareholding in Northern Rock plc from its formation on 1 January 2010 until its sale to Virgin Money on 1 January 2012.

As at 31 March 2017 UKAR owed HM Treasury £25.0bn. Following the completion of a Bradford & Bingley asset disposal in April 2017 this reduced to 13.6bn, an amount which the Company expects to repay in full. 
UKFI’s activities in relation to the management of the Wholly-Owned Investments are set out in the UKFI Framework Document – April 2016, and UKFI Investment Mandate - Revised October 2014 Version and our Annual Reports and Accounts.


18th August 2017

We have been made aware that members of the public have been approached and offered loans by fraudsters purporting to work for UK Financial Investments (UKFI). Please be aware that UKFI does not offer loans or any other financial service products to consumers. Any individuals who have been approached in this way are encouraged to report this to Action Fraud. The FCA website provides steps you can take to protect yourself, and how to spot and avoid scams from unauthorised firms.

11th May 2017

UKFI Notification re: Annual General Meetings (AGM)
UK Financial Investments Limited (UKFI), which manages the Government’s shareholding in the Royal Bank of Scotland (RBS) and Lloyds Banking Group (Lloyds), has lodged votes.