From Private Eye's Rotten Boroughs column

Interesting paragraph about East Northamptonshire District Council. They had invested £4 million in Iceland but withdrew it last year. The Conservative leader Cllr Andy Mercer explained that after a "risk management assessment" they decided it was prudent to move their money elsewhere. So good for him, but why didn't other Councils do the same?

Another item concerns Andrea Hill, the Chief Executive of Suffolk County Council, who is paid £218,000 a year. She is sending 400 staff on a "communicational psychology" course at a cost of £1,000 a time so in total £400,000.

By the way the last issue had an item about fraud at Lambeth Council which involved a Council employee getting five month's sick pay - while in prison for identity theft.