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UK government to sell 40% Eurostar stake

The government’s 40% stake in Eurostar is to be sold as part of a plan to privatise £20 billion of financial and corporate assets by 2020.


The announcement is contained in a new national infrastructure plan which sets out over £375 billion of planned public and private investments to 2030 and beyond.


Eurostar last month revealed increased revenues and passenger numbers compared with last summer.


The government plans include a new target for selling off financial assets, doubling the amount to £20 billion, including the shareholding in the cross-channel passenger train operator.


The planned infrastructure investment has increased from £309 billion last year to more than £375 billion, with 291 of the 646 projects and programmes already under construction, Sky News reported.

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