No Free Lunch 

Whose company is it anyway?

Paul Jackson

Whose company is it anyway?

A rather strange thing happened at the RBS annual general meeting at the end of last month.  UK Government Investments (UKGI) used its 70 per cent stake to help scupper a resolution to establish a Shareholder Committee – even though just a few months ago, the government viewed such committees as a way of improving how companies conduct themselves. So why did UKGI (which is wholly owned by the government, through HM Treasury) fail to support the concept?

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