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United Kingdom · Question · Written question

UIN 7727

MyCSP: Shares

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

26 May 2021

Last action

9 June 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

9 June 2021

Summary

To ask the Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office, how much the Government sold its shares in MyCSP for; and what the current value is of MyCSP.

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Timeline

  1. 26 May 2021

    Written question

    To ask the Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office, how much the Government sold its shares in MyCSP for; and what the current value is of MyCSP.

    Source: Commons

  2. 9 June 2021

    Answer

    When MyCSP was created as a mutual joint venture in 2012, the Cabinet Office owned 35%, Equiniti 40% and an Employee Benefit Trust 25%.In 2014, the Cabinet Office sold 11% of MyCSP to Equiniti for £8 million.In 2018, the Cabinet Office sold its remaining ...

    Source: Written answer

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