Seven public assets the Tory government has sold off in the past year alone

Last Updated: January 29, 2016By

The Conservative government has been accused of short-changing the tax-payer after selling off billions of pounds worth of public assets.

New data compiled by the Press Association shows that the Great British Sell-Off has surpassed a previous high of £20bn set by the Thatcher government in the 1980s.

Here are seven public assets the Government has privatised in the last year alone:

1. Constructionline – database sold to Capita for £35m

2. Greencoat UK Wind – a green investment fund, sold for £51.2m

3. Eurostar – 40 per cent stake sold for £757.1m

4. Royal Mail – the remaining 30 per cent stake was sold for £1.3bn

5. Royal Bank of Scotland – a 5.4 per cent stake worth £2.1bn

6. Northern Rock mortgage assets – £13bn

7. Lloyds – £9.1bn in shares

Source: Seven public assets the Tory government has sold off in the past year alone

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No Comments

  1. Jeffery Davies January 30, 2016 at 6:34 am - Reply

    Ask were the money went you bet the peasants didnt get it

  2. casalealex January 31, 2016 at 9:51 pm - Reply

    No 8 selling off prime London locations to foreigners.

    No 9 selling off our private/personal medical details.

    a never ending list…..

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