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All 14 results for "uk asset resolution limited"

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Written Answers — Treasury: UK Asset Resolution: Training (23 Oct 2023)

Julian Knight: To ask the Chancellor of the Exchequer, how much UK Asset Resolution Limited spent on equality and diversity training in the 2022-23 financial year.

Written Answers — Treasury: Government Actuary's Department: Re-employment ( 7 Jul 2021)

Bridget Phillipson: ...to the Answer of 17 June 2021 to Question 15260 on Civil Service Agencies: Standards, what steps his Department is taking to ensure that fire and rehire is not being used as a negotiating tactic in UK Asset Resolution Limited; and if he will make a statement.

Mortgage Prisoners ( 6 Jun 2019)

Peter Dowd: ...this House speaking about the cost of that disastrous period, born out of rapacity, as the hon. Member for Thirsk and Malton said. In some quarters, that rapacity continues. I am sorry to say that UK Asset Resolution Limited, which is owned by the state, has not helped in the curtailment of that culture and has potentially encouraged it, even if by default. As many people have asked, why,...

Written Ministerial Statements — Treasury: Contingent Liability Notification ( 9 May 2019)

John Glen: ...of the Bradford & Bingley plc (B&B) employer defined benefit pension scheme and the NRAM employer defined benefit pension scheme (the “Schemes”) from B&B and NRAM, respectively, to UK Asset Resolution Limited (UKAR). UKAR and the trustees of each Scheme (the “Trustees”) have agreed that the sponsorship of both Schemes should be transferred from B&B and NRAM to UKAR. The contingent...

Oral Answers to Questions — Treasury: Topical Questions (25 Oct 2016)

Philip Hammond: Following the announcement at Budget 2016, UK Asset Resolution Limited has launched a programme of sales of the Bradford & Bingley mortgage assets that it holds. That will be designed to raise sufficient proceeds to repay the £15.65 billion debt to the Financial Services Compensation Scheme and, in turn, the corresponding loan from the Treasury. It is expected, subject to market conditions...

Written Answers — Women and Equalities: Females: Directors ( 1 Feb 2016)

Caroline Dinenage: ...Deloitte LLP Emer Timmons, President, BT Global Services UK Fiona Dawson, Global President, Mars Food, Drinks, and Multisales, Mars Food Sue Langley, OBE, Non-Executive Chairman, A J Gallagher UK, UK Asset Resolution Limited (Northern Rock Asset Management and Bradford & Bingley) Sue O’Brien, OBE, Partner, Ridgeways Partners Amanda Harrison, HR Director, Centrica PLC I also spoke at the...

Written Answers — Treasury: UK Asset Resolution (13 May 2014)

Andrea Leadsom: ...to higher interest rates and to engage with such customers at an early stage. UKAR assists all customers who wish to switch mortgage providers. NRAM and Bradford and Bingley are managed by UK Asset Resolution Limited (UKAR) which was established in 2010 to manage the disposal and rundown of outstanding assets at Bradford and Bingley and Northern Rock Asset Management in an integrated way,...

Written Answers — Treasury: UK Asset Resolution (23 Jan 2014)

Cathy Jamieson: To ask the Chancellor of the Exchequer how many buy to let mortgages held by UKAR—UK Asset Resolution Limited—(a) are currently in arrears and (b) have had proceedings taken to protect assured shorthold tenancy arrangements.

Written Answers — Treasury: UK Asset Resolution (21 Jan 2014)

Sajid Javid: Northern Rock Asset Management (NRAM) is managed by UK Asset Resolution Limited (UKAR) which was established in 2010 to manage the disposal and rundown of outstanding assets at Bradford and Bingley and Northern Rock Asset Management (NRAM) in an integrated way, with a view to creating value for the taxpayer. Information on outstanding mortgages held by UKAR from NRAM is published in UKAR's...

Written Answers — Treasury: UK Asset Resolution (21 Jan 2014)

Sajid Javid: Bradford and Bingley (B&B) is managed by UK Asset Resolution Limited (UKAR) which was established in 2010 to manage the disposal and rundown of outstanding assets at Bradford and Bingley and Northern Rock Asset Management (NRAM) in an integrated way, with a view to creating value for the taxpayer. Information on outstanding mortgages held by UKAR from former B&B is published in UKAR's...

Written Answers — Treasury: UK Asset Resolution ( 6 Nov 2013)

Sajid Javid: UK Asset Resolution Limited (UKAR) is the holding company established to facilitate the orderly management of the closed mortgage books of both Bradford and Bingley (B&B) and Northern Rock Asset Management (NRAM) at arm's length from Government on commercial principles. The Government's interest in UKAR is managed by UK Financial Investments. UKAR will only appoint a Law of Property Act (LPA)...

Written Answers — House of Lords: Finance: UK Asset Resolution (12 Jul 2012)

Lord Sassoon: UK Asset Resolution Limited (UKAR) is the holding company for Bradford & Bingley plc and Northern Rock (Asset Management) plc and is responsible for managing the closed mortgage books. In December 2011, UKAR announced plans to focus its business on its sites in Doxford (Sunderland) and Crossflatts (Bingley). This would involve the phased withdrawal of staff from its third main site in...

Written Answers — House of Lords: Finance: UK Asset Resolution (12 Jul 2012)

Lord Sassoon: UK Asset Resolution Limited (UKAR) is the holding company for Bradford & Bingley plc and Northern Rock (Asset Management) plc and is responsible for managing the closed mortgage books. In December 201 1, UKAR announced plans to focus its business on its sites in Doxford (Sunderland) and Crossflatts (Bingley). This would involve the phased withdrawal of staff from its third main site in...

Written Answers — Treasury: Assets: Financial Services ( 3 Nov 2010)

Mark Hoban: ...been set for the disposal. NRAM and B&B are two similar businesses comprising closed mortgage books in wind-down. NRAM and B&B are being integrated under a single Government owned holding company, UK Asset Resolution Limited (UKAR). UKAR was fully established on 1 October 2010. The Government believe that integration is the optimal solution to maximise value for money.

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