This website uses Google’s web analytics tool “Google Analytics”. Google Analytics collects information anonymously and reports website trends to the website owner without identifying individual visitors. Google Analytics uses a cookie to track visitor interactions with the website and enables us to view reports on how visitors find and use our site. A cookie is a piece of data created when you visit a site which is stored in the cookie directory of your hard drive. The cookie stores information such as what time the current visit occurred, whether the visitor has been to the site before, and what site referred the visitor to the web site. We do not use Google Analytics for collecting personal information but use the tool in the manner described above to collect anonymous data in order to administer and improve UKFI’s website and how visitors find it. You may disable cookies by using the appropriate feature of your web browser software, if available. Information about disabling cookies can be found on your Internet browser provider’s website. Some browsers will actually indicate when a cookie is being sent and allow you to decline cookies on a case-by-case basis. If cookies are disabled, however, please note that all features of the site may not operate as intended.
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
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”).