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UK Financial Investments Ltd.

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London's new influentials

10.11.09
'The 1000' - the Standard's list of the capital's top movers and shakers - is out tomorrow. Here's a preview of 25 bright sparks who make this year's selection for the first time... more

City Spy: UKFI job sounds like a nightmare

02.09.09
WHO wants to have the tricky task of managing the taxpayers’ holdings in Royal Bank of Scotland, Lloyds-HBOS, Bradford & Bingley and Northern Rock?... more

Comment: But there’s no chance of cashing in yet

26.08.09
Don’t crack open the champagne yet. The £3000 every UK household has invested in Royal Bank of Scotland and Lloyds may at last be showing a profit. ... more

ENRC set to buy on rally

19.08.09
Eurasian Natural Resources, the Kazakh miner with the revolving boardroom door, is planning a shopping spree as it eyes a recovery in the global metals market ... more

City Spy: Time for Kingman to make a fortune

29.07.09
So Brownite Treasury civil servant John Kingman is quitting as £143,000-a-year chief executive of UK Financial Investments, which oversees the Government's stakes in Royal Bank of Scotland, Lloyds, Bradford & Bingley, etc... more

City Spy: Who is spinning fast over UKFI?

14.07.09
UK Financial Investments, the quango set up to look after taxpayer stakes in Lloyds Banking Group and Royal Bank of Scoltand, is clearly unhappy about the amount of media attention it is attracting ... more

Beware the threat of a double-dip recession

14.07.09
Fears about new losses at bailed-out banks such as Lloyds are casting a shadow over the stock market as hopes of recovery stall ... more

Banks will 'take years' to pay back taxpayers' money

13.07.09
The quango controlling the Government's stakes in British banks has warned it will take years for taxpayers to get their money back as losses on state-owned shares hit £13.2 billion... more

MPs call for bankers to pay 90 per cent tax on bonuses

13.07.09
Bankers should be hit with a punitive 90 per cent tax on bumper bonuses, MPs have demanded... more

Real dust-up on the cards as banks bailout saga plays out

02.07.09
Once again, this Government has created a beast it cannot control. When Lloyds TSB, HBOS and Royal Bank of Scotland turned to the Treasury for their combined £37 billion bailout last year, wiser voices than mine argued for full rather than part privatisation ... more

Bischoff lined up to succeed Blank at Lloyds

01.07.09
Lloyds Banking Group refused to confirm that veteran banker Sir Win Bischoff will replace Sir Victor Blank as its next chairman... more

Outrage as RBS boss Stephen Hester gets £9.6m pay deal

22.06.09
The banking industry faced a fresh wave of public anger as high-flyers in London looked set for bumper bonus payouts despite the financial crisis and global recession... more

Taxpayer body approves pay at Lloyds after Blank’s exit

02.06.09
The government body which looks after the taxpayer’s stake in bailed-out UK banks today gave its backing to the Lloyds Banking Group board after the ousting of chairman Sir Victor Blank ... more

Foreign trips get cheaper as pound hits a five-month high

19.05.09
Sterling powered to its highest level of the year against the US dollar amid hopes that the economic gloom is lifting... more

Bankers at the heart of Darling’s bailout are revealed

21.04.09
The City financiers who have guided the Government’s bank rescue plan have been named... more

Sir Fred Goodwin ponders exile in pension row

04.03.09
Ministers' hopes of slashing Sir Fred Goodwin's £700,000-a-year pension have suffered a blow amid fresh claims that the deal was "wholly legally binding"... more

London parents need real choice

03.03.09
TODAY parents learn if their children have a place at their first-choice school. Tens of thousands of London schoolchildren - about one in three - will be disappointed... more

Myners failed to question RBS chief's pension deal

03.03.09
City Minister Lord Myners was accused of "bumbling incompetence" after it emerged that he had failed to question the massive pension awarded to disgraced banker Sir Fred Goodwin... more

The pound in your pocket is way off-target

18.02.09
In his final Budget as Chancellor, Gordon Brown said “inflation will be on target” throughout 2008 and 2009... more

Ministers threaten veto on bonuses

16.02.09
The Government toughened its position on City bonuses by announcing it would hold a veto over payouts from banks bailed out by the taxpayer... more

Brown set to lose another bank aide

12.02.09
Gordon Brown looks set to lose another adviser... more

Calm down: not all our bankers should suffer for the sins of the few

10.02.09
Today and tomorrow a Commons committee will be running what has been trailed as the credit-crunch Nuremberg. Public sympathy for the bankers in the dock will be near zero. London is sneering, gloating, angry and vengeful over their fate. When a hapless minister said on radio she hoped bankers would feel a "moral" pressure not to take bonuses this year, John Humphrys cried with characteristic BBC impartiality, "Morals? I should think hell would freeze over first." ... more

Cooper admits: Bonuses are no laughing matter

09.02.09
The Treasury struggled to combat claims that it was “dithering” over City bonuses as ministers unveiled a year-long review into bankers’ pay and perks... more

Answer to bonus question is 'No'

06.02.09
If the Government wants the last vestiges of public support for its banking bailout to wither away, it need only let Royal Bank of Scotland pay bonuses to its star traders... more

Linklaters and Clifford Chance in double cuts

06.02.09
Further proof that even the mighty "Magic Circle" City law firms are not immune. No sooner does Linklaters announce cuts than arch-rival Clifford Chance reveals it too is taking a long, hard look at its partners... more

More bankers join bonus rush

06.02.09
Politicians have condemned a rush by thousands of bankers to pick up bonuses of millions of pounds before a government crackdown... more

Bailed-out bankers facing curbs on fat cat bonuses

05.02.09
Failing banks have been threatened with pay curbs if they award “exorbitant” bonuses and salaries... more

Who's in and who's out

01.12.08
Our annual magazine, The 1,000: London’s Influential People, chronicles the powerbrokers and agenda-setters. However, influence can shift quickly in the capital. Gideon Spanier looks at who’s in and who’s out.... more

Darling under fire as he unveils new bail-out agency

03.11.08
Chancellor Alistair Darling came under fire for his handling of the financial crisis as he unveiled a government-owned company to oversee the £37billion bank bail-out plan... more

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