Summary
MINISTERS should not compensate North councils with millions of pounds stuck in collapsed Icelandic banks, according to a group of influential MPs.
The Commons Treasury committee yesterday said it would be "perverse" to compensate affected councils when some had proved better than others at managing investments.See the full content of this document
Extract
Mps Oppose Bailout Plan for Councils Hit by Iceland Crash
More than pounds 43m of North taxpayers' money invested in Icelandic banks could be a...
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