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Government Considering GBP1bn Privatisation Of Channel 4

The government has inadvertently provided further evidence that it is looking at privatising Channel 4, after an official was photographed entering Downing Street with a document setting out options for a selloff. After months of ministerial obfuscation on whether the sale of the state-owned, commercially funded broadcaster was being considered, the document reveals that proposals have already been drawn up in a bid to raise an estimated GBP1bn for Treasury coffers.

Read the whole story at The Guardian »

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