Questions asked about fire engine sell-off
Concerns have been raised about why the London Fire Brigade's fleet was sold to a private company for £2.
Read the full storyLive updates
Fire engine fleet sold for £2
The firm which provides and maintains London's fire engines has sold the whole fleet for two pounds.
AssetCo has off loaded its UK busines to private equity firm AB&A Investments.
It comes after AssetCo made a significant loss last year.
Managers said the London fire contract ran into trouble because it was based on a flawed business plan.
Advertisement
Today's top stories
