Not a lot of people know that
Attached at 1,2,3, are copies of Shepway District Council’s Investments held in instant access deposit accounts from1/04/14 – 31/03/15 including interest rates and interest earned.
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By way of explanation this is how the charts work. If you click on one[ at the top] and then go to the first date 01/4/14 you’ll see that half a percent was the interest rate and the sum invested was 7.9 million pounds with Nat West Bank. Move right and on the twenty first column you see the sum of one hundred and eight pounds and twenty pence interest for a near eight million investment.
The investments made SDC for the year 2014/5 the sum of ninety six thousand six hundred and six pounds and forty seven pence (96,606.47).
There is hardly a day goes by where SDC are not investing large sums of money overnight, for a few days or longer, with the following companies:
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Goldman Sachs
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Black Rock
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Ignis
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DB Advisors
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Federated Investors
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Svenska Handelsbank
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Barclays
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Legal & General
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RBS
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