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Government quietly announces plan to privatise Land Registry on night before Easter holidays

Agency reportedly worth £1.2bn and brought in a surplus of £100m in 2012/13. The Government has quietly announced plans to privatise the Land Registry, on the evening before the Easter holiday weekend. The Conservatives previously tried to privatise the agency, which records and oversees all property transactions in England and Wales, during the Coalition government but were blocked by the Liberal Democrats. Chancellor George Osborne revived the idea last year as part of his plan to sell £20bn of assets by the end of this parliament. The agency has been previously valued at around £1.2bn and made a surplus of £100m for the public purse in 2012/13.