Rat and Mouse
Thu
09
Oct
Which London council are exposed to Icelandic bank failures?

It's become apparent that some UK councils have been banking Iceland-side. Hundreds of millions of pounds are potentially missing. In London... so far the damage looks limited to:

  • Brent £27m
  • Westminster £17m
  • Sutton £5.5m
  • Havering £12.5m

More here.

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