Eurostar sale to net British taxpayers more than £750m

Eurostar sale to net British taxpayers more than £750m

UK government’s sale of 40% stake in rail link to continental Europe set to exceed market expectations with total proceeds of £757m

The British government is selling its stake in Eurostar in a deal that will deliver £757m to the taxpayer.

The sale price is higher than was expected when the government announced that it was inviting offers for its stake, in October 2014. George Osborne described it as a “fantastic deal for UK taxpayers that exceeds expectations”.

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Source: Guardian Transport

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