UK government tries to shake ghost of privatisations past

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By Sam Kerr
06 Apr 2017

The UK government is selling almost £16bn of state assets into the securitization market this month, but is trying to make sure unwarranted profits from the deals flow back to the Treasury, following criticisms of the last round of privatisations. David Bell, Owen Sanderson and Sam Kerr report.

The UK government is midway through one of the largest rounds of privatisation in recent years, with the £11.8bn sale of Bradford & Bingley mortgages to Blackstone and Prudential plc, followed quickly by the first round securitization of £4bn in income contingent student loans. This could be followed ...

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