The Prime Minister's Office
, CC BY-NC-ND 2.0
Key British assets which bring in millions of pounds worth of profit and provide incalculable social benefits are to be sold soon if the chancellor gets his way. Buried within the recent Spending Review are plans to sell off billions of pounds worth of public assets: the Land Registry, National Air Traffic Services (NATS), the Green Investment Bank, bailed out banks RBS and Lloyds, and the student loan book amongst others. The government is also exploring bringing in private sector capital to the Ordnance Survey – it's unclear as yet how this would work. These proposals are in addition to the planned asset sales being forced on local authorities and government departments. The government is also currently consulting on privatisation of Network Rail.
