Press Releases

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 [57,7 KB]

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 [54,3 KB]

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 [15,0 KB]

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 [21,3 KB]

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 [17,3 KB]

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 [17,3 KB]

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 [14,4 KB]

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 [51,1 KB]

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 [14,1 KB]

Staff changes at UKFI
UKFI announces the resignation of John Crompton, Head of Market Investments. Download [15,4 KB]