Grimsdale's Ire: 15/10/08

Councils and ministers to discuss fallout from banking crisis
“Town hall officials will meet ministers later today to discuss help for 116 councils affected by the near-collapse of the Icelandic banking system.

The Local Government Association, the umbrella body for councils in England and Wales, revealed yesterday that a total of 116 councils had invested money in the beleaguered banks, to the tune of £858.8m.” [Guardian]

Click here to read more information on Mr Grimsdale, King Heron and Mobius