UK Government Investments
| Company type | State owned holding company |
|---|---|
| Predecessors | |
| Founded | 1 April 2016 |
| Headquarters | London , England |
Key people | Vindi Banga (Chairman) |
| Parent | HM Treasury |
| Website | www |
UK Government Investments (UKGI) is a company owned by the Government of the United Kingdom which combines the former functions of the Shareholder Executive and UK Financial Investments.
UKGI manages a portfolio of 16 businesses, including Channel Four Television Corporation and previously NatWest Group.[1][2]
History
The company was incorporated in 2015 and is based in London.[3]
On 30 May 2025, UKGI sold the last of the UK government's shares in NatWest Group.[4]
List of companies
As of June 2025, the public sector and state owned enterprises, wholly or partially owned, which the UKGI works with are:[5]
- Atomic Weapons Establishment
- British Business Bank
- Channel Four Television Corporation
- Eutelsat OneWeb
- HM Land Registry
- National Nuclear Laboratory
- National Wealth Fund
- Nuclear Decommissioning Authority
- Ordnance Survey
- Post Office Limited
- Reclaim Fund[6]
- Royal Mint
- Sizewell C nuclear power station
- UK Asset Resolution
- UK Export Finance
- Urenco Group
Senior leadership
- Chairman: Vindi Banga (since September 2021)[7]
- Chief executive: Charles Donald (since March 2020)
List of former chairmen
- Robert Swannell (2016–2021)[8]
List of former chief executives
- Mark Russell (2016–2019), who had been deputy chief executive at the Shareholder Executive since 2008 and chief executive of that body from 2013 until its merger into UKGI.[9]
References
- ^ "Our Partner Bodies". Retrieved 24 January 2019.
- ^ Wearden, Graeme; Fletcher, Nick; Partington, Richard (4 June 2018). "UK government to sell £2.6bn of RBS shares, Brexit hits UK construction- as it happened". The Guardian.
- ^ "UK Government Investments Limited". Companies House.
- ^ "Government completes exit from NatWest". gov.uk. 30 May 2025. Retrieved 4 June 2025.
- ^ "What we do - Governance". UK Government Investments.
- ^ "Co-op sets up Reclaim Fund". The Business Desk. 29 March 2011. Retrieved 15 July 2024.
- ^ "Vindi Banga appointed as new Chair of UK Government Investments". UK Government Investments. 2 August 2021. Retrieved 30 November 2021.
- ^ "Robert Swannell". GOV.UK. Retrieved 15 July 2024.
- ^ Johnstone, Richard (25 June 2020). "Shareholder stories: ex-UKGI chief Mark Russell on life as Whitehall's corporate governance guru". Civil Service World. Retrieved 13 July 2024.
External links