UKGI is a government company wholly owned by HM Treasury. UKGI brings together the functions of the Shareholder Executive (ShEx and UK Financial Investments (UKFI) under a single holding company.
UKGI’s activities are governed by its Board and underpinned by its Articles of Association and framework agreement with HM Treasury. UKGI is accountable via its independent Board to Treasury Ministers and – through the Chancellor – to Parliament.
UKFI is a wholly owned subsidiary of UKGI – more information about UKFI and its work can be found here