PARLIAMENTARY WRITTEN QUESTION
Public Bodies (21 July 2015)

Question Asked

To ask Mr Chancellor of the Exchequer, what recent estimate his Department has made of the value of the (a) Royal Mint, (b) Land Registry, (c) Ordnance Survey, (d) Met Office and (e) National Air Traffic Services.

Asked by:
Clive Lewis (Labour)

Answer

The Government is committed to ensuring the effective and efficient management of publicly owned assets and keeping ownership of all assets under review. Where there is no longer a strong policy reason for continued public ownership or where there is potential for an asset to operate more sensibly and efficiently in the private sector, the Government will continue to look into the potential sale of public sector assets.

The net asset value of the government’s holdings for bodies in which it holds a stake is estimated in the annual report of the parent department or within the accounts of the organisation (depending on the precise ownership and structure).


Answered by:
Damian Hinds (Conservative)
7 September 2015

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