The crisis in town hall finances

As local authorities struggle to balance the books because of the economic downturn, Allan Urry reports on a crisis in town hall finances. At a time when councils say that they are being forced to lay off thousands of staff, Allan asks why they have been investing a billion pounds of taxpayers' cash in banks which have crashed, with no sign of recovering the money.

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40 minutes

Last on

Sun 22 Mar 2009 17:00

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