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Written question asked by Vincent Cable (Liberal Democrat) on Wednesday, 18 November 2009, in the House of Commons. It was due for an answer on Monday, 23 November 2009. It was answered by Pat McFadden (Labour) on Thursday, 10 December 2009 on behalf of the Department for Business, Innovation and Skills.


Departmental Assets

Question
To ask the Minister of State, Department for Business, Innovation and Skills what assets of his Department are planned to be sold in each year from 2009-10 to 2013-14; what the (a) description and (b) book value of each such asset is; what the expected revenue from each such sale is; and if he will make a statement.
Answer

The Government have stated their intention to realise £16 billion in asset disposals over the period 2011-14 and will publish further details of opportunities to commercialise business assets and property in the coming weeks.The Department for Business, Innovation and Skills (BIS) currently has planned asset disposals of £9 million in 2009-10 and £21 million 2010-11.


Secondary information

Type
Written question
Reference
502 c603W; 300194
Session
2009-10
Subjects
Assets Department for Business, Innovation and Skills
Link
View this Written question on www.publications.parliament.uk