Latest on council investments & the Icelandic meltdown.

According to an investigation by File on Four councils will be lucky to get much of our money back (between 0.5 & 9%) that they invested in various Icelandic banks.

For Haringey's £35m that would equate to between £175,000 and about £3m.

Your council tax has just gone up by nearly 2%. (Hackney sees no rise in their Council Tax, as with the last 3 years).

BBC article

Podcast.