The Mudcat Café TM
Thread #114937 Message #2461130
Posted By: Mrs.Duck
09-Oct-08 - 11:46 AM
Thread Name: BS: So it has come to this - Iceland
Subject: RE: BS: So it has come to this - Iceland
Heard the same on the news Emma. A number of local councils have invested huge sums in the Icelandic banks and it looks unlikely they will get it back which means council taxes will be put up to cover the cost!