Press Releases


May 2016

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. download [235,9 KB]

12th May 2016

Statement re: Lloyds Banking Group Annual General Meeting
UKFI has lodged votes in favour of all resolutions at the bank’s Annual General Meeting on 12 May. download [46,3 KB]

5th May 2016

UKAR announces completion of £13 billion sale of former Northern Rock mortgages
In November last year UK Asset Resolution Limited (UKAR) agreed to sell £13 billion of former Northern Rock Mortgages to Cerberus Capital Management LP (Cerberus).

Today the Government receives the final £520 million from Cerberus as part of the sale completion process. This sale represents value for money for the tax payer and following its completion the government will have exited over 85% of former Northern Rock. download [81,2 KB]

4th May 2016

UKFI statement re: RBS Annual General Meeting (AGM)
UK Financial Investments Limited (UKFI), which manages the government’s stake in the Royal Bank of Scotland (RBS), has lodged votes in favour of all resolutions at the bank’s Annual General Meeting on 4 May 2016. download [79,6 KB]

4th May 2016

UK Asset Resolution transfer of mortgage servicing operations to Computershare
UK Financial Investments has approved the transfer of UK Asset Resolution’s (UKAR) mortgage servicing operations to Computershare which was announced today. download [80,7 KB]

March 2016

31st March 2016

UK Financial Investments appoint new Chief Executive
UKFI today announces the appointment of Oliver Holbourn as Chief Executive of UK Financial Investments (UKFI). James Leigh-Pemberton, will become Chairman of UKFI and will continue to play a key role in carrying out UKFI’s mandate. download [110,0 KB]

Press Release Archive

2008 2009 2010 2011 2012 2013 2014 2015 2016
QUICK LINKS

PUBLICATION
7th July 2016

UKFI Publishes Annual Report and Accounts
The publication provides an overview of UKFI's activities during the 2015/16 financial year in managing the taxpayer's shareholdings in Lloyds Banking Group plc, the Royal Bank of Scotland Group plc and UK Asset Resolution Ltd. download [368,4 KB]


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. download [235,9 KB]