Rebecca Long Bailey – 2016 Parliamentary Question to the HM Treasury
The below Parliamentary question was asked by Rebecca Long Bailey on 2016-04-26.
To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 25 April 2016 to Question 34917, if he will provide a breakdown of the £25 billion total receipts from asset sales in financial year 2015-16 by (a) individual asset, (b) the amount raised by each asset and (c) the buyer of that asset.
Mr David Gauke
The following table provides a breakdown of major asset sales in 2015-16 excluding Lloyds:
|
Asset |
Amount raised (£bn) |
Buyer |
|
Royal Mail |
1.3 |
Sale of shares |
|
UKAR |
13.0 |
Cerberus Capital Management LP |
|
Lloyds Banking Group |
7.4* |
Sale of shares |
|
RBS |
2.1 |
Sale of shares |
|
King Cross JV |
0.4 |
AustralianSuper |
|
Eurostar |
0.8 |
Caisse de dépôt et placement du Québec (CDPQ) and Hermes Infrastructure |
*Figure reflects 2015-16 sales through the ongoing Lloyds trading plan as at most recent announcement date (4th December 2015).
