All change at UKFI as Cooksey moves in - papers

Sir David Cooksey, a pioneer of the venture capital industry, was yesterday appointed to chair UK Financial Investments, which holds the taxpayer's 72 per cent stake in Royal Bank of Scotland, the dominant 42 per cent investment in Lloyds Banking Group and the remains of Bradford & Bingley. He replaces Glen Moreno, who took over as chairman of UKFI in January, replacing Sir Philip Hampton, who went to chair Royal Bank of Scotland. Full story...