Brown Plans Sale of $4.8 Billion in State Assets to Cut Deficit


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Brown Plans Sale of $4.8 Billion in State Assets to Cut Deficit

By Gonzalo Vina

Oct. 11 (Bloomberg) &8212; U.K. Prime Minister Gordon Brown tomorrow will propose the sale of state assets including the Tote, the student loan book and the Dartford Crossing across the river Thames to raise about 3 billion pounds ($4.8 billion) to reduce the government budget deficit.

Brown will make the announcement tomorrow in London, according to a statement issued by his office today.


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