Labour and unions charge George Osborne with ‘selling family silver’ for political reasons after 2015 disposals hit record,according to Press AssociationThe government has been accused of shortchanging the taxpayer by “selling the family silver at a record pace” after new analysis showed a record £26.4bn raised final year through privatisation.
A final 30% state holding in Royal Mail, 11bn shares in Lloyds Bank and a stake in Eurostar were among the assets sold by ministers in a tender to pay down debt and balance the books.Continue reading...
Source: theguardian.com