Kent County Council And Haringey Borough Hit By Iceland
ENGLAND Expects tells us: “Word has reached my ears that 2 local authorities are in real trouble as they had banked there payroll with one of the Icelandic banks.
“From what I am told Kent County Council and Haringey Borough are respectively £10 million and £6 million out of pocket.”
Let’s bomb Kent!
Posted: 8th, October 2008 | In: Money, Twitterings Comments (3) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink
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October 15th, 2008 at 3:41 pm
As a Kent Housing Tax payer I am appalled that they have all thoes MILLIONS stashed away in banks and still epect us to cough up above the cost of living, also have some of the highest paid Chief Excuitives in the country usualy payed more then the prime minister and they only run a county, bloody politicians shoot the lot. After this debarcle I hope the voters in local politics take note and vote the present lot out!!!!
October 9th, 2008 at 1:50 pm
And see also Whirlpool Economics won’t wash
http://www.anorak.co.uk/money/191999.html
October 8th, 2008 at 11:26 pm
As England’s Darling has noted, local authorities are informed investors.
How the hell he managed to say that without bursting into guffaws of laughter is beyond me, but say it he did…