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UK Financial Investments: Training

Volume 496: debated on Wednesday 16 September 2009

To ask the Chancellor of the Exchequer what training courses have been provided to staff of UK Financial Investments since its inception; and at what cost to the public purse. (289082)

UK Financial Investment (UKFI) is a limited company wholly owned by HM Treasury. UKFI’s costs are set out in their annual report and accounts, in line with Company’s Act reporting requirements and FReM accounting standards. The annual report and accounts can be found on their website at:

www.ukfi.gov.uk

UKFI staff have undertaken various training to ensure that staff are well trained to deliver UKFI’s remit to manage the Government’s shareholdings commercially and create and protect value for the taxpayer as shareholder.