Information Rights Unit
1 Horse Guards Road
Ms Eleanor Shaikh
020 7270 5000
22 September 2020
Dear Ms Shaikh
Freedom of Information Act 2000
Thank you for your enquiry of 24 August 2020. You asked for the following information:
“i) What are the reporting links between UKGI and its Shareholder HM Treasury?
ii) Did UKGI report to HM Treasury on matters pertaining to its Asset, Post Office
Limited, with regard to its Horizon issues and Group Litigation?
iii) If so, how regularly?
iv) Did UKGI/HM Treasury discuss either Post Office Horizon or Post Office Litigation
Issues at quarterly shareholder meetings, if so when and what actions if any were
implemented as a result?
iv) Did UKGI communicate to its shareholder HM Treasury any concerns over POL’s
Horizon issues or Group Litigation with regard to propriety, regularity, prudence or
v) Was the UKGI Board subject to any directions from HM Treasury with regard to
its management of Post Offfice Limited, if so please can you publish any such
Although you have cited FOI in the subject line of your request, your enquiry does not fall
within the scope of the FOI Act. The FOI Act provides a right to recorded information. In
order to exercise this entitlement a request must describe the specific recorded
information sought. We believe that the terms of your enquiry do not constitute a valid
request for recorded information within the meaning of section 8(1)(c) of the FOI Act, as it
is not a request for specific content. We are therefore responding outside the FOI Act.
UK Government Investments (UKGI) is a Government company wholly owned by HM
Treasury, and brings together the functions of the Shareholder Executive (ShEx) and UK
Financial Investments (UKFI) under a single holding company. UKGI and HM Treasury work
closely together on a range of issues. HM Treasury has put a Framework Document
place between it and UKGI, which sets out the objectives HM Treasury requires UKGI to
deliver against. Performance against these objectives is monitored via regular meetings
between HM Treasury and UKGI. A range of issues are discussed at these meetings, as well
as the value for money impacts of these issues, including the Post Office Horizon
Litigation. The UKGI Board has not been subject to any directions from HM Treasury with
regard to its management of the Post Office Limited.
If you have any queries about this letter, please contact us. Please quote the reference
number above in any future communications.
Information Rights Unit
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including this letter, continue to be protected by Crown copyright. This is because they will
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and for news reporting. Any other re-use, for example commercial publication, will require
the permission of the copyright holder. Crown copyright is managed by The National
Archives and you can find details on the arrangements for re-using Crown copyright
material at: http://www.nationalarchives.gov.uk/information-management/re-using-public-
Your right to complain under the Freedom of Information Act 2000
If you are not happy with this reply, you can request a review by writing to HM Treasury,
Information Rights Unit, 1 Horse Guards Road, London SW1A 2HQ or by emailing us at the
address below. Any review request must be made within 40 working days of the date of
It would assist our review if you set out which aspects of the reply concern you and why
you are dissatisfied.
If you are not content with the outcome of the review, you may apply directly to the
Information Commissioner for a decision. Generally, the Commissioner will not make a
decision unless you have exhausted the complaints procedure provided by HM Treasury
which is outlined above.
The Information Commissioner can be contacted at: The Information Commissioner’s
Office, Wycliffe House, Water Lane, Wilmslow, Cheshire SK9 5AF (or via their website at: