Proof if proof were needed that while the thought of local government finance might chill the blood in your veins, we shouldn't understimate its capacity for throwing up excellent stories, as the row this week over councils who invested in Icelandic banks shows. Expect this to get an airing at Monday's meeting at County Hall...read more here and on my blog

Kent County Council gets frosty over being labelled "negligent" after £50million Icelandic deposit