Power would be stripped from "government puppets" - regional development agencies (RDAs), English Partnerships and the Housing Corporation - which control pounds llbn
of regeneration funding.
THE Government should press ahead with an pounds llbn
North-South high-speed rail line linking London, Birmingham, Liverpool, Manchester, and Scotland, a report said yesterday.
Private equity firm Kohlberg Kravis Roberts and Alliance Boots deputy chairman Stefano Pessina effectively won the company on Monday with an pounds llbn
bid, but the move drew fire from unions amid fears over closures and job cuts.
The team of medical charity Wellcome Trust, private equity firm Terra Firma and HBOS said it had "withdrawn its potential interest" in Alliance Boots after KKR raised its offer to more than pounds llbn
Grosvenor's assets have risen to pounds llbn
from pounds 9.1bn.
KKR and Texas Pacific are also targeting a potential pounds llbn
bid for supermarket chain J Sainsbury with fellow private equity firms Blackstone and CVC.
SUPERMARKET giant Sainsbury was said yesterday to be just days away from receiving an pounds llbn
takeover offer from a private equity consortium.