Where there is no longer a strong policy reason for continued public ownership or where there is potential for an asset to operate most sensibly and efficiently in the private sector, the Government will look into the potential sale of public sector assets. Asset sales help achieve stronger public finance, reduce national debt and encourage economic growth through investment.
I am glad that to assist in this process the Treasury created a new government-owned company, UK Government Investments (UKGI), which began operations in April 2016.
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