Press Releases


December 2009

15th December 2009

UKFI statement re: RBS GM voting
UKFI votes in favour of all resolutions on which it is eligible to vote. download

November 2009

26th November 2009

UKFI statement re: Lloyds GM voting
UKFI votes in favour of all resolutions on which it is eligible to vote. download

October 2009

28th October 2009

UKFI appoints new Chief Executive
The Board of UK Financial Investments (UKFI) is pleased to announce the appointment of Robin Budenberg as the new Chief Executive of UKFI. download

15th October 2009

UKFI publishes Investment Mandate
UKFI has today published its Investment Mandate, confirming UKFI’s remit to manage investments at arm’s length. download

July 2009

28th July 2009

Leadership changes at UKFI
The Chancellor has today appointed Sir David Cooksey as Chairman of UK Financial Investments Limited (UKFI). Separately, having established UKFI, Chief Executive John Kingman has decided to stand down in due course. download

13th July 2009

UKFI Strategy: Market Investments and Annual Report and Accounts is published
UK Financial Investments Limited (UKFI), today publishes its Strategy: Market Investments alongside its first Annual Report. download

June 2009

4th June 2009

UKFI appoints Keith Morgan as Head of Wholly-Owned Investments.
UK Financial Investments Limited (UKFI) today announces the appointment of Keith Morgan as Head of Wholly-Owned Investments.

Keith will be responsible for managing the Government’s shareholdings in Northern Rock and Bradford & Bingley. download

2nd June 2009

UKFI statement re: Lloyds AGM voting
UK Financial Investments Limited (UKFI) confirms that it intends to vote in favour of all resolutions on which it is eligible to vote. download

May 2009

18th May 2009

UKFI statement re: Victor Blank
UKFI confirms its support for Victor Blank but notes his decision to step down before the next AGM. download

March 2009

31st March 2009

UKFI statement re: RBS AGM voting
UK Financial Investments Limited (UKFI) confirms that it intends to vote against the resolution to approve RBS’s retrospective Remuneration Report. download

2nd March 2009

UKFI publishes Framework Document. Philip Remnant and Louise Tulett join as Non-Executive Directors
UKFI publishes Framework Document and Philip Remnant and Louise Tulett join as non-executive directors download

Press Release Archive

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PRESS RELEASE
31st March 2017

UKAR announces £11.8 billion sale of Bradford & Bingley assets
UK Financial Investments Limited (UKFI), today confirms that following an open and competitive sales process, UK Asset Resolution Limited (UKAR), the holding company for the government owned businesses of Bradford & Bingley plc (B&B) and NRAM Limited (NRAM), has agreed to sell two separate asset portfolios of performing buy-to-let loans from B&B to Prudential plc and to funds managed by Blackstone for £11.8 billion


PRESS RELEASE
7th October 2016

Intention to sell shares in Lloyds Banking Group plc through a trading plan
UKFI today announces that it intends to continue to sell Her Majesty’s Treasury’s (“HMT”) shareholding in Lloyds Banking Group plc (the “Company”) over the next twelve months through a pre-arranged trading plan that will be managed by Morgan Stanley & Co. International plc (“Morgan Stanley”).