Councils had Money In Icesave... doh! Millions!

PasturesNew

Not sure which ones yet, but this is big money

http://news.bbc.co.uk/1/hi/uk_politics/7659783.stm

"The Local Government Association (LGA), which represents councils in England and Wales, says it has identified more than 20 councils which are believed to have deposits in Landbanksi or Heritable, which was run by Landbanksi. "

casper_uk

no wonder the government has guaranteed all deposits over 50k!

PasturesNew

List so far, in order of c0ck up size:
£28m, Hertfordshire County Council
£17m, Westminster City Council
£15m, Brent Council
£5.5m, North Lincolnshire Borough Council
£5.5m, Sutton Council

borntobefree

That's very sad:o Maybe we can see it as a charitable donation to a country less fotunate than us

PS I can say that as I don't live in any of those boroughs

Heyman_2

Oof. Watch Hertfordshire's Council Tax shoot up next year.

lostinrates

Heyman wrote: »

Oof. Watch Hertfordshire's Council Tax shoot up next year.

Wonder what happen's to the Tory promise to freeze council tax :rolleyes:

Oh dear, dear, dear.

PasturesNew

borntobefree wrote: »

a charitable donation to a country less fotunate

That is now only true if they give it back!

Heyman_2

lostinrates wrote: »

Wonder what happen's to the Tory promise to freeze council tax :rolleyes:

Oh dear, dear, dear.

Oh crikey, don't get me started on what a load of idiotic nonsense THAT idea was.

Hey! Let's actively encourage councils to cut public spending in real terms! What a great idea. Your rubbish will only get picked up once a month, and rats will infest the streets, but as long as you're paying the same as you did last year, who cares!! Right? :rolleyes:

PasturesNew

News links/google news links to many stories and named councils etc:

http://news.google.co.uk/news?hl=en&q=councils%20icesave&um=1&ie=UTF-8&sa=N&tab=wn

Westminster will have egg on their face ... sh1tting on their own doorstep there. Right in the City area.

Gorgeous_George

How many of those councils are labour controlled and how many are Toey controlled?

Just out of interest.

GG

lostinrates

Heyman wrote: »

Oh crikey, don't get me started on what a load of idiotic nonsense THAT idea was.

Hey! Let's actively encourage councils to cut public spending in real terms! What a great idea. Your rubbish will only get picked up once a month, and rats will infest the streets, but as long as you're paying the same as you did last year, who cares!! Right? :rolleyes:

I don't know. I remember a report some time ago which I interpreted as the most efficient London borough o meeting its targets was also the lowest council tax, and Tory...was in Wandsworth? (this was prob 2006 ish). My father lives in a Tory London borough an has loads of rubbish collections.

I'm personally open to changes to rubbish collection. We have a wheelie colleted fortnightly for non recyclables and a little box for recycling....I'd sway them in a heartbeat, and force councils to collet everything recylable...plastic bottes etc, regardless of what area we are in. I think forcing us to deal with the rubbish we create helps me think about what rubbish I create.