Not so much arm's length as hands off at £500m-funded UKFI Labour MP Paul Flynn was thrown out of the House of Commons for calling defence ministers "liars." Now he has ruffled feathers by demanding to know the size of the annual budget allocated to UK Financial Investments (UKFI), the body looking after taxpayers" interests in RBS and Lloyds. After robust questioning by Flynn, it emerges that UKFI had £5m of Treasury money to spend in 2011-12, followed by £2.7m in 2012-13. But it's not UKFI's job to make sure RBS and Lloyds give loans to small businesses, says Tory MP Sajid Javid - the body's involvement with the Government's investments in the banks remains "arm's length." "[UKFI] do not manage the banks," he stressed. Not so much arm's length as hands off?