The Government is planning to sell £20bn-worth of public property over the next 10 years to help recoup the billions spent bailing out the banks.

Proposals for the sell-off, which do not include disposing of council houses, formed part of a Treasury-sponsored efficiency savings report published yesterday.

The study also laid out plans to privatise the Royal Mint and the possibility of selling off state assets including London’s QE II Conference Centre, the Dartford Crossing and the Oil and Pipelines Agency, which manages the Ministry of Defence’s oil supplies.

Daily Telegraph