The Shadow Secretary of State for Local Government Eric Pickles today argued that every one of more than a hundred local authorities which had cash in collapsed Icelandic banks should be made public.

"It is simply unacceptable that neither the government or the Local Government Association are publishing the list of the 116 local authorities with exposure to Iceland’s banking collapse. In the interests of transparency and openness Ministers must now divulge all Councils, Regional Development Agencies, Housing Associations and government agencies that are exposed in Iceland, including any PFI contracts under threat."

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