Press Releases


October 2010

1st October 2010

UK Asset Resolution Limited
UKFI has announced the establishment of UK Asset Resolution Limited (UKAR) as the single holding company for Northern Rock (Asset Management) plc (NRAM) and Bradford & Bingley plc (B&B) download

July 2010

26th July 2010

UKFI publishes annual report and accounts
UK Financial Investments Limited (UKFI) has published its annual report and accounts for the year ending 31 March 2010. download

19th July 2010

UKFI appoints new Head of Market Investments.
UK Financial Investments Limited (UKFI) has appointed Jim O’Neil as Head of Market Investments. He will have overall responsibility for UKFI’s role as an active and engaged shareholder in Lloyds and RBS, protecting the value of the taxpayer’s investments. download

May 2010

6th May 2010

Statement re: Lloyds Banking Group Annual General Meeting
UKFI has lodged votes in favour of the resolutions on which it is eligible to vote at the bank’s Annual General Meeting today. download

April 2010

28th April 2010

Statement re: RBS Annual General Meeting
UKFI has lodged votes in favour of the resolutions on which it is eligible to vote at the bank’s Annual General Meeting and General Meeting on 28 April. download

9th April 2010

Chairman and CEO designate appointments for holding company of NR(AM) and B&B
Following the announcement regarding the intention to integrate Northern Rock (Asset Management) plc and Bradford & Bingley plc under a single holding company, UKFI confirms that Richard Pym, Chairman of B&B and NR(AM) has been appointed Chairman designate of this holding company, and Richard Banks, currently Managing Director of B&B, has been appointed Chief Executive designate. download

March 2010

24th March 2010

UKFI Announcement on Northern Rock (Asset Management) plc and Bradford & Bingley
UKFI confirms the intention to integrate Northern Rock (Asset Management) plc and Bradford & Bingley plc under a single holding company. download

24th March 2010

UKFI publishes update on its Market Investments
Budget 2010, published today, sets out the overall fiscal cost of financial interventions. Alongside this, UKFI has today published an update on its Market Investments. download

February 2010

25th February 2010

UKFI gives consent to RBS bonus pool for 2009
Following a detailed independent assessment of the proposals made to it by the RBS Board, UKFI has given its consent to the RBS bonus pool for 2009. download

January 2010

18th January 2010

UKFI publishes updated versions of its Framework Document and Investment Mandate
UKFI has today published updated versions of its Framework Document and Investment Mandate to reflect UKFI’s responsibility for managing the government’s investments in Northern Rock plc and Northern Rock Asset Management plc.

UKFI now has responsibility for managing the government’s investments in the Royal Bank of Scotland plc, Lloyds Banking Group, Bradford & Bingley, and Northern Rock plc and Northern Rock Asset Management plc. download

11th January 2010

Staff changes at UKFI
UKFI announces the resignation of John Crompton, Head of Market Investments. download

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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”).


PRESS RELEASE
17th May 2016

Dividend payment received today
UKFI announces that HMT will today receive c.£130m in dividend payments, in respect of its shareholding in Lloyds Banking Group Plc. This takes total proceeds received from the Government’s investment in LBG to £16.888bn.