David Cameron's government is preparing to tear up the privatization record set in the time of Margaret Thatcher. To restore public accounts, within the first months of 2016 the British Treasury could sell assets for 32 billion pounds (about 45 billion euros). Much more than what was collected in 1991 by the Iron Lady, which set the record bar at 11,8 billion pounds (at current values around 20,5 billion).
The most important chapter of the new project concerns the sale of part of the state stake in the Royal Bank of Scotland (rescued by London during the 2008 crisis), which alone is worth 32 billion pounds. The list of jewels to be sold also includes the public share of Royal Mail (1,5 billion pounds), the share in Channel 4, in the Met Office, in the national mapping agency and in other investee companies or institutes.
