Call it the cold shoulder. Or frosty reception. In any case, seven English Councils are now being accused of “negligence” due to their previous acts involving depositing money into banks that went bust soon after. While the overall amount is a measly 3% of the total cash reserves of the council, at this stage of the economy, there is no such thing as small money. Besides, the amount is about 33 Million pounds and it is surely nothing to scoff at. The amount ... Read More

Seven English Councils given an Icy stare Call it the cold shoulder. Or frosty reception. In any case, seven English Councils are now being accused of “negligence” due to their previous acts involving depositing money into banks that went bust soon after.  While the overall amount is a measly 3% of the total cash reserves of the council, at this stage of the economy, there is no such thing as small money. Besides, the amount is about 33 Million pounds and it is surely ... Read More