Britain cancels plan to sell off state forests

Friday, February 18, 2011 - 01:30 in Mathematics & Economics

As part of its effort to cut the deficit, the British government proposed selling land amounting to 18% of forests in England and worth about $1.1 billion. The proposal was greeted with a national outcry.Faced with an outspoken public determined to protect Britain's woodlands, government officials struggling to overcome a devastating budget deficit canceled plans Thursday to sell hundreds of thousands of acres of forests to raise money.

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