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UK to announce sale of Bradford & Bingley assets next week: Sky News
March 13, 2016 by creative · Leave a Comment
Britain's finance minister George Osborne will announce next week plans to sell 16 billion pounds ($23 billion) worth of bank assets which were rescued from Bradford & Bingley (B&B) during the financial crisis, Sky News said on Saturday. Sky said Osborne will announce the sale during his budget statement on Wednesday but the timing of the sale by auction was unclear with the broadcaster citing sources who said the process may not conclude for many months.
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UK to announce sale of Bradford & Bingley assets next week: Sky News