Archive for ukfi

Dear Gordon I know that I have to go away

Jeremy Warner imagines the resignation letter written by outgoing UKFI chief executive John Kingman.

John Kingman quits UKFI for City riches

John Kingman chief executive of UK Financial Investments UKFI has decided to end his career in public service for a lucrative job in the City.

Top mandarin Kingman’s departure the drum roll for a Brownite exodus

How to explain John Kingman’s seemingly premature decision to quit as chief executive of United Kingdom Financial Investments UKFI the quango set up to manage the taxpayers’ interest in Royal Bank of Scotland and Lloyds Banking Group?

John Kingman quits as UKFI chief executive

His departure comes as Sir David Cooksey is appointed the new chairman of the company managing the taxpayers’ stakes in the banks.

John Kingman to stand down as UKFI chief

His departure comes as Sir David Cooksey is appointed the new chairman of the company managing the taxpayers’ stakes in the banks.

Sir David Cooksey lined up to chair UKFI

Sir David Cooksey a former director of the Bank of England and adviser to Gordon Brown the Prime Minister has emerged as the leading candidate to oversee Britain’s biggestever privatisation programme.

UKFI lines up banks to help in Lloyds and RBS sale

Investment banks are being lined up to help the Government offload its £70bn stake in Britain’s two partnationalised lenders RBS and Lloyds.

Government sale of Lloyds and RBS stakes ‘could take years’

Government’s stakes in Lloyds and RBS are currently showing a £10.9bn paper loss according to the body which manages the holdings.

UK Government has lost £10.9bn on stakes in RBS and Lloyds

There will be no quick exit from taxpayer investment in Royal Bank of Scotland and Lloyds UK Financial Investments warned today.

UKFI: no quick exit for £3000 each UK household has in RBS and Lloyds shares

There will be no quick exit from taxpayer investment in Royal Bank of Scotland and Lloyds UK Financial Investments warned today.

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