Thursday, October 09, 2008

Ice-cold in Councils

Why haven't all County Councils got surplus funds invested in Icelandic banks? Were they nervous about the risks assoicated with the high rates of interest on offer or not aware of the high rates available!?!

Why did Kent County Council need a 3.9% increase in council tax this year when they had £50m tucked away!?!

PS Where are the gunboats!?!

3 comments:

Letters From A Tory said...

I'm also confused. How the hell did several local councils end up with £20 million spare in a bank account?!

Snafu said...

Pocket money...

I seem to recall Kent Council saying it was small change...

Anonymous said...

double whammy for us - Canterbury City council is in for over 5Mil - bast**ds!