A PYMNTS Company

UK: Britain’s budget plans to include major Eurostar sell-off

By  |  December 5, 2013

The infrastructure spending plan unveiled by UK officials includes a major sell-off of the government stake in Eurostar, say reports.

The government plans to sell its 40 percent stake in the rail service as the UK budgets plans for the next 20 years for energy, communications, transit and water infrastructure contracts.

Chief Secretary to the Treasury Danny Alexander announced the plans earlier this week, though noted that definitive plans to sell the shares have not been determined.

Full Content: BBC

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.