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UK government to sell Eurostar stake before general election

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Osborne says he is looking for bids by end of month and hopes sale of 40% stake in Channel tunnel train firm raises £300m

George Osborne is to announce on Monday that the government is selling its 40% stake in Eurostar before the election.

The chancellor will say he is looking for bids by the end of the month and is hopeful the privatisation of the Channel tunnel train operator will raise up to £300m.

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