Government: Assets

(asked on 26th April 2016) - View Source

Question to the HM Treasury:

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.


Answered by
David Gauke Portrait
David Gauke
This question was answered on 4th May 2016

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).

Reticulating Splines