Can anyone explain to me why councils are hoarding up money in Icelandic banks and not spending it on public services?? If there is a surplus simply charge us less tax!
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Originally posted by NetwkSupport View PostCan anyone explain to me why councils are hoarding up money in Icelandic banks and not spending it on public services?? If there is a surplus simply charge us less tax!Cooking doesn't get tougher than this. -
I'm with NS on this one. While I appreciate councils need to have some reserves, I would be a bit peeved to learn my council is investing millions rather than improving services or cutting taxes.
Luckily my council is not affected...Older and ...well, just older!!Comment
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It was a directive from HM Treasury apparently to maximise earnings on interest. No wonder Brown and Darling are in yet another panic.Comment
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Originally posted by Cyberman View PostIt was a directive from HM Treasury apparently to maximise earnings on interest. No wonder Brown and Darling are in yet another panic.
Full marks for getting in yet another dig at any Non-Tory and explaining the actions of (some) Tory Councils by blaming Labour - what footie team do you support?Comment
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Originally posted by NetwkSupport View PostCan anyone explain to me why councils are hoarding up money in Icelandic banks and not spending it on public services?? If there is a surplus simply charge us less tax!I am not qualified to give the above advice!
The original point and click interface by
Smith and Wesson.
Step back, have a think and adjust my own own attitude from time to timeComment
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well what about UK based banks, i can understand your point about maximising interest but the money should be shored up in a UK bank not over seas?
One council had £40ml shored up!
I;'ve worked at a council before - in the I.T department funny enough and the money spent on projects that were ineffective and un thought out was unbeleivable.
They spent 300k on a server/application/e payments system they didnt need and still hasnt been used to this day - i can prove it because i put a text file placeholder on the https epayments site thats still got my name on it!Comment
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They spent 300k on a server/application/e payments system they didnt need and still hasnt been used to this day - i can prove it because i put a text file placeholder on the https epayments site thats still got my name on it!Comment
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Originally posted by NetwkSupport View PostThey spent 300k on a server/application/e payments system they didnt need and still hasnt been used to this day - i can prove it because i put a text file placeholder on the https epayments site thats still got my name on it!
I hate waste like this and it should be stamped out.Comment
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Originally posted by NetwkSupport View PostCan anyone explain to me why councils are hoarding up money in Icelandic banks and not spending it on public services?? If there is a surplus simply charge us less tax!Comment
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