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Showing posts with label Firesale. Show all posts
Showing posts with label Firesale. Show all posts

Wednesday, November 26, 2008

Roll Up, Roll Up For The National Fire Sale

Lock-keepers’ cottages, assorted forests, a conference centre, military radio frequencies and a uranium enrichment company – the sale to help to plug Britain’s £1 trillion deficit is now open.
Buried in the Pre-Budget Report is a list of state-owned assets with “potential for alternative business models”.
Treasury ministers rejected claims that the privatisation drive amounted to a firesale that would leave taxpayers short-changed.

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Just watch how the majority of these UK assets will be snapped up by foreign companies and institutions at bargain basement prices!