Summary
WELSH council chiefswere yesterday appealing to the UK government to protect them against the risk of multi-million pound losses in troubled Icelandic banks.
Eight county councils and three police authorities in Wales revealed more than pounds 60m had been invested with the Landsbanki and Glitnir banks.See the full content of this document
Extract
Wales: Protect Our Iceland Bank Millions, Welsh Council Chiefs Urge ; Plea to Brown As Latest Crisis Raises Fears of Huge Losses
Neath Port Talbot council said it had the biggest investment in the banks with pounds 20m tied up, Caerphilly council pounds 15m, with Cere...
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