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Royal Mint

HM Treasury written question – answered on 7th September 2015.

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Photo of Clive Lewis Clive Lewis Labour, Norwich South

To ask Mr Chancellor of the Exchequer, whether officials in his Department has worked on assessing the feasibility of privatising the Royal Mint.

Photo of Clive Lewis Clive Lewis Labour, Norwich South

To ask Mr Chancellor of the Exchequer, whether it is his policy to retain full public ownership of the Royal Mint; and if he will make a statement.

Photo of Clive Lewis Clive Lewis Labour, Norwich South

To ask Mr Chancellor of the Exchequer, what recent estimate his Department has made of the value of the (a) Royal Mint, (b) Land Registry, (c) Ordnance Survey, (d) Met Office and (e) National Air Traffic Services.

Photo of Damian Hinds Damian Hinds The Exchequer Secretary

The Government is committed to ensuring the effective and efficient management of publicly owned assets and keeping ownership of all assets under review. Where there is no longer a strong policy reason for continued public ownership or where there is potential for an asset to operate more sensibly and efficiently in the private sector, the Government will continue to look into the potential sale of public sector assets.

The net asset value of the government’s holdings for bodies in which it holds a stake is estimated in the annual report of the parent department or within the accounts of the organisation (depending on the precise ownership and structure).

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