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House of Commons Hansard
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11 November 2009
Volume 499
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To ask the Chancellor of the Exchequer if he will publish at the time of the Pre-Budget Report a full list of Government assets planned to be sold. [299299]

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As stated in Budget 2009 progress on the asset management and sales strand of the Operational Efficiency programme will be reported in the pre-Budget report 2009.

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To ask the Chancellor of the Exchequer on what evidential basis the estimate that sale of Government assets is expected to raise £16 billion between 2011 and 2014 was made. [299300]

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Local authorities are expected to contribute £11 billion in asset sales in the period 2011-14. This is based on historic sales of fixed and financial assets and trends in property prices and transactions.

The Government estimates that a further £3 billion will be raised from the sale of central Government business assets and will set out further details in the coming weeks.

An estimated £2 billion will be raised from the sale of central Government property.