The Business Secretary Lord Mandelson today defended a multi-billion pound sale of public assets as "a much better thing to do than savagely cutting public expenditure".The Prime Minister will today give details of an initial round of disposals that could raise £3 billion over the next two years - including the Tote, the Dartford crossing, the Channel Tunnel rail link, and the Student Loan book. Speaking on GMTV, Mr Brown said: "The important thing is we will maintain frontline public services, we will have an economy that is growing with jobs to maintain frontline public services. Now that is the big division between us and the opposition. "We are doing everything to make sure we maintain our health, our schools, our policing services. That is not the case with our opponents." Lord Mandelson suggested that airports could be also among the local council-owned assets which could be sold offs.
The Prime Minister will today give details of an initial round of disposals that could raise £3 billion over the next two years - including the Tote, the Dartford crossing, the Channel Tunnel rail link, and the Student Loan book.
Speaking on GMTV, Mr Brown said: "The important thing is we will maintain frontline public services, we will have an economy that is growing with jobs to maintain frontline public services. Now that is the big division between us and the opposition.
"We are doing everything to make sure we maintain our health, our schools, our policing services. That is not the case with our opponents."
Lord Mandelson suggested that airports could be also among the local council-owned assets which could be sold offs.