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British launch assets sell-off

Government aims to raise $25 million, pay down debt

Posted: October 13, 2009 at 3:36 a.m.

An official at the Stratford International Station in London stands near the entrance to the Channel Tunnel Rail Link in this file photo.

The British government is holding a fire sale of public assets including London’s high-speed rail link to the Channel Tunnel to raise $25 billion as Prime Minister Gordon Brown warned on Monday that the country is “only halfway there” in overcoming the recession.

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Business, Pages 19 on 10/13/2009

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