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Conservative council broke rules to lose £27 million in Icelandic banks

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Conservative controlled Hertfordshire County Council may have lost over £27 million of residents’ money by breaking their own rules to invest in Iceland’s banks. An independent report by PriceWaterhouseCoopers has revealed a number of errors that led to the county council  investing millions in Icelandic banks. The council did not follow its own investment rules, which were [...]

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