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Page last updated at 23:13 GMT, Sunday, 11 October 2009 00:13 UK

Brown to reveal £16bn asset sale

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Gordon Brown is to announce the sale of £16bn worth of assets by the government in a bid to shore up public finances.

He will announce the sale in a speech, in which he will say it is an alternative to immediate cuts proposed by the Tories.

The speech will give details of initial sales which could raise £3bn - including the Tote, the Dartford crossing and the student loan book.

Mike Sergeant reports.

READ MORE: Government's £16bn sale of assets

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