Asset sell-offs, including the government's remaining stake in Royal Mail, will raise about £31bn in 2015-16.
Asset sell-offs, vaporising profits and plunging oil prices have failed to dampen the new rich's passion for excess, say observers on the celebrity circuit.
It has cut its fees, scores 98% satisfaction and last year made a £98.7m profit for the Treasury – yet it's part of this government's £20bn asset sell-off.
AMERICAN food giant Mondelez is to offload Philadelphia cream cheese in Europe as part of a $3bn£2bnbn) asset sell-off.
The purchase of more than 20 businesses saddled Vivendi with massive debt and brought the company close to bankruptcy, forcing an asset sell-off following Messier's departure.
Households and companies would shift deposits to other euro-zone banks or countries to protect their savings, starting a systemwide run on banks, capital outflows and asset sell-offs.
With yields (interest rates) on Italian government bonds rising above an unsustainable 6%, Berlusconi on Sunday pushed on with his own plan to save Italy from meltdown claiming his majority was solid and outlining liberalisation measures he hopes to sign off in parliament this month, including asset sell-offs, tax breaks to boost employment and the prising open of closed professions.
It is this focus on the deficit that has also caused a wave of state asset sell-offs, including the privatisation of the Green Investment Bank and the business investment bank – two sources of patient finance that could have become pillars of a serious investment-led recovery.
MADRID, Feb. 21 - Flush with cash from a series of asset sell-offs, the German utility E.On announced a surprise offer of 29.1 billion euros ($34.7 billion) on Tuesday to acquire the Spanish electricity company Endesa, a move that would create one of the world's largest power and natural gas companies.
Now, after a lot of capital raising and asset selling, it has 4.7 cents.
