While the figures show private number plate sales and management is a profitable cash cow for the Government ... of private number plates is pulling investors away from traditional investments.

While the figures show private number plate sales and management is a profitable cash cow for the Government ... of private number plates is pulling investors away from traditional investments.

It's also a trend in which Citi believes will continue further. On top of this, the cash cow's median payout yield - which equates to dividends plus buybacks/share price - is trending almost one ...