Question to the HM Treasury:

To ask His Majesty's Government what the timeframe is for reviewing the public sector asset portfolio as announced in the Budget; who will be conducting the review; and whether the terms of reference for this review will be published.

A Strategic Asset Review led by the Treasury, working closely with government departments, will be conducted ahead of the next spending review. As set out at Budget, it will cover opportunities to monetise assets and address barriers to disposal and commercialisation.