Live blog: Selling off Britain
Krishnan Guru-Murthy and Faisal Islam will be presenting a live Dispatches debate into whether the government should #sellornot its assets to cut the deficit. Follow it all on our live blog.
Channel 4 News will be live blogging during a live Dispatches special on the economic crash – Selling off Britain.
Krishnan Guru-Murthy, plus a host of experts including our own Faisal Islam will be asking whether the country should flog off its assets – from Buckingham Palace to the M1 – to pay down the national debt?
Live blog: Selling off Britain
Krishnan writes in Gurublog:
“Did you know the silverware in Downing street is worth millions? Or that Gibraltar could raise eighteen billion pounds? The National Asset Register says we have around 300 Billion pounds worth of things we could sell. But we don’t need to stop at property and baubles.
“If we sold off our military assets, and made strategic defence alliances with our NATO partners the way Iceland has, we could raise an absolute fortune. Or we could sell off the motorways to private companies and pay tolls to use them…”
Read more on Gurublog: Selling off Britain
The Government owns £337bn of assets, from Buckingham Palace to Stonehenge. But what exactly does it own, and should it sell items to pay off the national debt?
Channel 4 News with ScraperWiki has presented all the government figures for assets they owened in 2005 and presented it in a bubble graphic to show the scale of it.
ScraperWiki collected the information from the National Asset Register 2007.
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