UK Government Investments (UKGI) is a company owned by the United Kingdom government which combines the former functions of the Shareholder Executive and UK Financial Investments. UKGI manages a portfolio of businesses, including Channel Four Television Corporation and previously NatWest Group.[1][2]
The only shareholder is HM Treasury, and the company's board is accountable to Treasury ministers.[3]
History
The company was incorporated in 2015 and is based in London.[4] When its incorporation was announced, it was stated that it was formed as part of the government's plans to "deliver the biggest ever sale of publicly-owned corporate and financial assets in 2015–16, exceeding £23 billion in real terms".