Coal sale 'in six parts'
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.BRITISH COAL is likely to be sold off in up to six parts under plans the Government is expected to announce in October, writes Mary Fagan.
Industry sources say that the sale will be direct to companies, rather than through a stock market flotation, and that although ministers want it to be completed as soon as possible, it is not likely to go through until early 1995.
British Coal is currently offering 19 pits which have ceased production for lease and licence to the private sector. There were 300 expressions of interest in them, but only 18 have been followed through.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments