Recession-hit Britain to sell off state assets: PM

(AFP) — The British government will sell off a raft of state assets, Prime Minister Gordon Brown was to say Monday as he bids to reclaim the initiative on reducing recession-hit Britain’s debt.

The government is to sell off 16 billion pounds (25.4 billion dollars, 17.2 billion euros) of assets, Brown was to say, according to extracts from a keynote speech to be given London, setting out his vision for “enduring and sustainable growth.”

via Recession-hit Britain to sell off state assets: PM.

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