Cllr Terry King (Conservative) said this week "the rates are the best the best we can get and the council was being prudent with the money"
Rutland County Council Sent the following in a file I had to spend some time trying to work out how to crack it so I could publish the content.
If you click on a image you can enlarge it.
I and other are concerned to see the cash strapped Rutland County Council is loaning money to the London Borough of Brent £2,000,000 at an interest rate of 0.50%
I must pop up to RCC for a loan. http://martinbrookes.blogspot.com/2011/02/london-borough-of-brent-council-owes.html
At First the Chief Executive Helen Briggs told the member of the public they could not see the statement.
After some publicity she ranted of a email saying they would receive copies.
You will notice none of the statements provide transaction details. They are all more like balance notifications.
List of investments above
HSBC Global Equity Fund
The Coventry
Bank of Scotland Corporate
London Borough of Brent Loan http://martinbrookes.blogspot.com/2011/02/london-borough-of-brent-council-owes.html
Santander
Nationwide
Barclays Capital
Yorkshire Building Society
Pricipality
Rothschild
Lands Bank Heritable Bank