FINANCE

MPs launch inquiry into council banking debacle

MPs will launch an inquiry into why £1bn of local authority cash has been frozen in Icelandic banks, despite months of warnings that they were on the verge of collapse.

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?