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FINANCIAL ADVISERS FOR HMSO & CHESSINGTON COMPUTER CENTRE

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Coopers & Lybrand have been appointed as financial advisers to prepare for the proposed privatisation of HMSO. ...
Coopers & Lybrand have been appointed as financial advisers to prepare for the proposed privatisation of HMSO.

KPMG Corporate Finance will advise on the sale of Chessington Computer Centre, the Chancellor of the Duchy of Lancaster, Roger Freeman, has announced.

'These advisers have already started work. An important early task for Coopers & Lybrand is to advise on options for the future of HMSO which will ensure satisfactory arrangements would be made for the future provision of services to Parliament following privatisation of HMSO,' he said.

Mr Freeman also announced that Coopers & Lybrand have been appointed to conduct studies on the feasibility of increasing private sector involvement in the four other Next Steps Agencies which report to him.

These are the Occupational Health and Safety Agency, Recruitment and Assessment Services, Central Office of Information and Civil Service College. The advisers are working to a very tight timetable on these studies.

In announcing these appointments, Mr Freeman made it clear that he would be looking for ways not only of securing savings for the taxpayer, but also maintaining the best interests of the staff and the customers of all six agencies.

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