Committee examines UK Financial Investments

09 March 2010

The Environmental Audit Committee holds a one-off evidence session at 10.10am to examine what scope exists for UK Financial Investments to support the transition to a low-carbon economy.

Witnesses

10.10am

  • Robin Budenberg, Chief Executive, UK Financial Investments
  • Sam Woods, Chief Operating Officer, UK Financial Investments

11am

  • Lowri Khan, Director, Financial Stability
  • Chris Martin, Director, Public Services and Environment
  • David Lunn, Head of Financial Stability: Coordination and Resolution, HM Treasury

The Environmental Audit Committee will examine what scope exists for UK Financial Investments to support the transition to a low-carbon economy within the rules that govern what it does, what could be done if these rules were changed and what would need to happen to make this possible.

UK Financial Investments was set up on Novermber 3 2008 to manage the Government's investments in UK Financial Institutions including Royal Bank of Scotland, Lloyds Banking Group, Northerrn Rock, and Bradford and Bingley.

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