Juan Mourep
Vital 1st Team Regular
http://money.aol.co.uk/2014/10/13/osborne-seeks-bidders-for-eurostar/?icid=maing-grid7%7Cuk%7Cdl15%7Csec3_lnk4%26pLid%3D299922
Osborne seeks bidders for Eurostar
Chancellor says the aim is to maximise value for money for the taxpayer
The Government was today inviting expressions of interest from bidders for the UK's 40% stake in the Eurostar rail service.
Chancellor George Osborne announced potential bidders should respond by the end of the month, saying the aim was to maximise value for money for the taxpayer.
Mary Creagh, shadow transport secretary, said: "Eurostar is a national strategic asset that is set to grow and to return increased profits to the UK taxpayer with new routes to Geneva, Lyon, Marseille and Amsterdam.
"After the staggering incompetence of the Royal Mail sale fiasco, which lost taxpayers a billion pounds, people will worry that this is yet another rushed and undervalued sell-off.
"City adviser UBS made millions from Royal Mail and is advising on the Eurostar sale. Lord Myners is still conducting his review into government privatisations after Royal Mail, and ministers should await his report before any sale begins.
Rail, Maritime and Transport union general secretary Mick Cash said: "This is a gross act of betrayal of the British people by a right wing government hell bent on selling off the family silver regardless of the real cost.
Whenever I read about this guy, Flash Harry's theme from St Trinians is the background music in my brain.
Osborne seeks bidders for Eurostar
Chancellor says the aim is to maximise value for money for the taxpayer
The Government was today inviting expressions of interest from bidders for the UK's 40% stake in the Eurostar rail service.
Chancellor George Osborne announced potential bidders should respond by the end of the month, saying the aim was to maximise value for money for the taxpayer.
Mary Creagh, shadow transport secretary, said: "Eurostar is a national strategic asset that is set to grow and to return increased profits to the UK taxpayer with new routes to Geneva, Lyon, Marseille and Amsterdam.
"After the staggering incompetence of the Royal Mail sale fiasco, which lost taxpayers a billion pounds, people will worry that this is yet another rushed and undervalued sell-off.
"City adviser UBS made millions from Royal Mail and is advising on the Eurostar sale. Lord Myners is still conducting his review into government privatisations after Royal Mail, and ministers should await his report before any sale begins.
Rail, Maritime and Transport union general secretary Mick Cash said: "This is a gross act of betrayal of the British people by a right wing government hell bent on selling off the family silver regardless of the real cost.
Whenever I read about this guy, Flash Harry's theme from St Trinians is the background music in my brain.
