Osborne is selling off everything he can lay his hands on - Burgon
Richard Burgon MP, Shadow Treasury Minister, responding to reports of George Osborne’s planning privatisation of housing associations and Northern Rock’s mortgages sale, said:
“It is clear that George Osborne is selling off everything he can lay his hands on so he can scrape through his Autumn Statement in a fortnight’s time in order to not lose face and keep his leadership bid on track.
"The rumoured privatisation of housing associations, which largely house people on low incomes, further proves George Osborne’s is again putting political games ahead of a proper strategic plan for our public finances.
"The decision to sell off Northern Rock’s mortgage book to the highest bidder will leave mortgage holders wanting reassurances over whether they will be treated by a private equity firm as well as they would expect from the current provider.”
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