Council taxes to rise after Iceland crisis
10 10 08 - 08:21 Householders were threatened with crisis council tax hikes and the prospect of cuts in policing and fire cover as the devastating impact of the Icelandic banking collapse was revealed.At least £1bn of public money has been lost in a disaster that has swept up more than a third of town halls and police authorities.
Ministers promised help for the worst-hit local authorities where severe cash shortfalls mean a risk of punishing council tax increases or deep cuts to services such as home help for the elderly.
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It is scandalous in itself that there was an excess of money being kept like this. Council taxes should be spent and not saved. If there is a big emergency the central government will pay for it. We can't rule out the possibility of a scam involved here.
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