Publications


October 2014

20th October 2014

UKFI Investment Mandate – revised October 2014
The UKFI Investment Mandate new version incorporates minor updates since October 2010. Download [363,7 KB]

20th October 2014

UKFI Framework Agreement – revised October 2014
The UKFI Framework Agreement new version incorporates minor updates since October 2010. Download [371,9 KB]

June 2014

16th June 2014

UKFI publishes Annual Report and Accounts
UK Financial Investments Limited (UKFI) has published its annual report and accounts for the year ending 31 March 2014.
The publication provides an overview of UKFI's activities during the 2013/14 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 [521,5 KB]

January 2014

20th January 2014

UKFI launches Invitation to Tender for Seller’s Counsel
UKFI today announces an open and competitive procurement process for the provision of Seller’s Counsel Services. Prospective suppliers are invited to complete and return the Invitation to Tender (ITT) by 27 January.  The purpose of this ITT is to establish a contract with one Supplier that specialises in the provision of legal services in relation to equity capital markets transactions.

This does not commit UKFI to any specific type or timing of a disposal transaction. UKFI will continue to evaluate options for future transactions based on value for money for the taxpayer. Download [885,6 KB]

October 2013

28th October 2013

UKFI launches Invitation to Tender for Market Research Services
UKFI today announces an open and competitive procurement process for the provision of Market Research Services. Prospective suppliers are invited to complete and return the Invitation to Tender (ITT) by 4 November.

UKFI is seeking services including the preparation, completion and interpretation of market research relating to potential levels of demand amongst retail investors for future sales of HM Government’s shareholdings in RBS and Lloyds. The results will be considered as part of UKFI’s work to devise and execute strategies for realising value for the Government’s shareholding in the banks.

This does not commit UKFI to any specific type of disposal transaction. UKFI will continue to evaluate options for future transactions based on value for money for the taxpayer. Download [692,3 KB]

September 2013

17th September 2013

Appointment of Bookrunners and advisers on Lloyds share disposal
As previously announced on 27 June 2013, UKFI announced the establishment of a Framework Agreement (‘panel’) compliant with the Public Contract Regulations (2006) and the principles of ‘openness and transparency’; this panel was used to select UKFI’s advisers and Bookrunners on the Lloyds share sale. Download [18,2 KB]

July 2013

19th July 2013

Framework for Specialist Financial Services
List of firms that have qualified for the Framework for Specialist Financial Services. Download [16,8 KB]

15th July 2013

UKFI Publishes Annual Report and Accounts
UK Financial Investments Limited (UKFI) has today published its Annual Report and Accounts for the year ending 31 March 2013.
 
The publication provides an overview of UKFI's activities during the 2012/13 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 [1,3 MB]

4th July 2013

UKFI issues clarification responses and publishes updated Schedules in relation to its Invitation to Tender (ITT) for Specialist Financial Services.
In relation to its ITT for Specialist Financial Services published on 27th June 2013, UKFI issues clarification responses to queries received and publishes updated Schedules in an editable format. Download [160,8 KB]

June 2013

27th June 2013

UKFI launches process to establish a Framework Agreement for Specialist Financial Services.
UKFI is launching a process to establish a Framework Agreement for the supply of Specialist Financial Services. Prospective suppliers are invited to complete and return the Invitation to Tender (ITT) by 8 July.  It is from these Panels that UKFI would expect to make appointments to assist it in any future transaction(s) involving HM Government’s shareholdings in Lloyds and RBS. There is no commitment from UKFI to place any minimum amount of work through this Framework Agreement. UKFI’s decisions regarding any appointments will be governed by its mandate. Download [1,1 MB]

May 2013

9th May 2013

UKFI amends payment terms for Executive Research Agencies for the recruitment of a Chief Executive
UKFI issues an amendment to the payment terms in respect of the Invitation To Tender for Executive Research Agencies to assist with the recruitment of a new Chief Executive. Download [12,0 KB]

1st May 2013

UKFI issues an invitation to tender for the provision of Executive Research Services
UKFI issues an invitation to tender from Executive Research Agencies to assist with the recruitment of a new Chief Executive. Download [595,8 KB]

July 2012

3rd July 2012

UKFI publishes Annual Report and Accounts
UK Financial Investments Limited (UKFI) has published its annual report and accounts for the year ending 31 March 2012. Download [990,4 KB]

February 2012

28th February 2012

UKFI report on sale of Northern Rock
UKFI has today published a document that sets out the background to and the rationale for the decision to return Northern Rock plc to the private sector through its sale to Virgin Money Holdings (UK) Limited. Download [1,4 MB]

July 2011

18th July 2011

UKFI publishes Annual Report and Accounts
UK Financial Investments Limited (UKFI) has published its annual report and accounts for the year ending 31 March 2011. Download [1,200 KB] Download [1,2 MB]

January 2011

17th January 2011

Expressions of interest for the provision of corporate finance advice
UKFI invites expressions of interest from corporate finance advisers to evaluate strategic options for Northern Rock plc. Download [66,1 KB]

October 2010

1st October 2010

UKFI Investment Mandate - Revised October 2010 Version
UKFI Investment Mandate revised 1 October 2010 to reflect new responsibility for UK Asset Resolution. Download [96,9 KB]

1st October 2010

UKFI Framework Document - Revised October 2010 Version
UKFI Framework Document revised 1 October 2010 to reflect new responsibility for UK Asset Resolution. Download [110,9 KB]

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 [794,4 KB]

March 2010

24th March 2010

Update on UKFI Market Investments
Update report providing details on the total value of investment in the Royal Bank of Scotland and Lloyds Banking Group, the current level of government ownership and the average investment per share. Download [151,3 KB]

January 2010

18th January 2010

UKFI Framework Document - Revised January 2010 Version
UKFI Framework Document revised 18 January 2010 to reflect new responsibility for Northern Rock plc and Northern Rock Asset Management plc Download [132,2 KB]

18th January 2010

UKFI Investment Mandate - Revised January 2010 Version
UKFI Investment Mandate revised 18 January 2010 to reflect new responsibility for Northern Rock plc and Northern Rock Asset Management plc Download [126,7 KB]

October 2009

15th October 2009

UKFI Investment Mandate
Download [81,2 KB]

July 2009

28th July 2009

UKFI Business Plan – 2009/10 – 2013/14
Download [143,8 KB]

28th July 2009

UKFI Business Plan Forecasts
Download [141,3 KB]

28th July 2009

UKFI Framework Document - Revised July 2009 Version
Download [99,3 KB]

13th July 2009

UKFI Strategy: Market Investments and Annual Report and Accounts
The Strategy and Annual Report covers UKFI’s remit, details of Government shareholdings, and plans for managing the Government’s stakes in RBS and Lloyds Download [795,9 KB]

13th July 2009

UKFI Strategy: Market Investments Share Price Performance Chart
Please refer to page 14 of the publication: UKFI Strategy: Market Investments and Annual Report and Accounts Download [208,7 KB]

13th July 2009

UKFI Strategy: 13 July Press Launch Presentation
Download [2,3 MB]

March 2009

2nd March 2009

The Framework Document between UKFI and HM Treasury
The Framework Document between UKFI and HM Treasury sets out the parameters for how UKFI will conduct its business.
SEE REVISED JULY 2009 VERSION ABOVE. Download [260,9 KB]

QUICK LINKS

PRESS RELEASE
14th October 2014

UKAR sells mortgage portfolio for £2.7bn
UK Financial Investments Limited (“UKFI”) today announces that following a competitive sales process, UK Asset Resolution (“UKAR”) has agreed to sell a portfolio of mortgages for a price of approximately £2.7bn. This sale forms part of UKAR’s activity to reduce the size of the closed mortgage books of B&B and NRAM in a way that delivers value for taxpayers. download [218,7 KB]


PRESS RELEASE
25th July 2014

Sale of Tier 1 Notes to Virgin Money
UK Financial Investments Limited (UKFI), acting on behalf of HM Treasury, today announces the sale of its holding of Tier 1 notes issued by Virgin Money download [72,4 KB]