District council promises front line services not affected by bank crisis

FOLLOWING the news yesterday that South Oxfordshire District Council is among the casualities of the international banking crisis, the council today said the folling:
“South Oxfordshire District Council, as well as many other councils in Oxfordshire and elsewhere, invests a proportion of its money in reputable banks and building societies across the world in order to earn interest to help pay for better facilities and services in the long run. Unfortunately