| answer text |
<p>UKGI represents the shareholder on a number of boards, acting as one of the board
members.</p><p> </p><p>UKGI and HM Treasury work closely together on a range of issues.
HM Treasury has a Framework Document in place with UKGI, which sets out the objectives
against which HM Treasury requires UKGI to deliver. Performance against these objectives
is monitored via regular meetings between HM Treasury and UKGI. The Second Permanent
Secretary of HM Treasury is also an ex-officio board member of UKGI. It should be
noted that UKGI performs the shareholder role on a number of government-owned companies
where the shareholder is the secretary of state of a department other than HM Treasury.</p>
|
 |
