West End News: Icelandic banks | Cllr David Boothroyd | collapsed | Colin Barrow

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West End Extra - LETTERS TO THE EDITOR
Published: 27 March 2009

How much?

• HOW much will Westminster taxpayers lose in Icelandic banks?
As this year’s council tax bills arrive, £17million which the council demanded from citizens to run council services is locked up in collapsed Icelandic banks. The Local Government Association is working to get the money back.
Last year Conservative council leader Colin Barrow told a council meeting to “expect that the very substantial majority of this money will be returned”, and told the public the same at area forum meetings.
But recently Iceland’s business minister said assets in the collapsed banks are not enough to repay everyone.
I call on Cllr Barrow now to tell Westminster taxpayers how much of their money his investment policy has lost.
Cllr David Boothroyd Labour, Westbourne ward

Send your letters to: The Letters Editor, West End Extra, 40 Camden Road, London, NW1 9DR or email to letters@westendextra.co.uk. The deadline for letters is midday Wednesday. The editor regrets that anonymous letters cannot be published, although names and addresses can be withheld.
Please include a full name, postal address and telephone number.
Letters may be edited for reasons of space.

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