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30 November 2017

UKAR Interim Results Announcement 2017

UKAR BALANCE SHEET REDUCES BY A FURTHER £13.2 BILLION UK Asset Resolution Limited (‘UKAR’) which incorporates Bradford & Bingley plc (‘B&B’) and NRAM Limited (‘NRAM’) today issues its interim results for the six months ended 30 September 2017 (‘H1 2017/18’). UKAR’s mission is to maximise value for the taxpayer, whilst serving our customers well and […]

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4 July 2017

UKAR Annual Report & Accounts 2017

UK ASSET RESOLUTION LIMITED RESULTS ANNOUNCEMENT SUBSTANTIAL PROGRESS IN REDUCING THE BALANCE SHEET UK Asset Resolution Limited (‘UKAR’) which incorporates Bradford & Bingley plc (‘B&B’) and NRAM Ltd (‘NRAM’) today issues its results for the year ended 31 March 2017 (‘2016/17′). UKAR’s mission is to maximise value for the taxpayer, whilst serving our customers well […]

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27 June 2017

Board Changes (June 2017)

UK Asset Resolution Ltd (“UKAR”) announces that Michael Buckley has today retired from his role as Non-Executive Director from the Boards of UKAR, Bradford & Bingley plc and NRAM Limited. Mr Buckley will be succeeded by Brendan Russell who will take up his position on the Boards with immediate effect. Mr Russell brings a wealth […]

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6 April 2017

Board Change (April 2017)

The Boards of UK Asset Resolution Ltd, Bradford & Bingley plc and NRAM Ltd announce the appointment of Peter Norton as a Non-Executive Director of each Company, with immediate effect. Mr Norton has been appointed by UK Financial Investments Ltd (“UKFI”) to manage HM Government’s shareholdings in the aforementioned companies and replaces Mr David Lunn who, […]

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31 March 2017

UK Asset Resolution announces sale of Bradford & Bingley assets for £11.8 billion

Bradford & Bingley plc (B&B), part of UK Asset Resolution (UKAR), today confirms that following an open and competitive process it has agreed to sell two separate asset portfolios comprising performing buy to let loans for a total of £11.8bn to Prudential plc and to funds managed by Blackstone. Financial completion is expected within the […]

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1 March 2017

Board Change (March 2017)

UK Asset Resolution Ltd (“UKAR”) today announces that David Lunn, a Non-Executive Director appointed by UK Financial Investments Ltd (”UKFI”), stepped down on 28 February 2017 from the Boards of UKAR, Bradford & Bingley plc and NRAM Limited to take up a new position within HM Treasury. In accordance with the Large and Medium Sized […]

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