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      Council 'hopes' over Iceland cash


      dorsent get communty council - Â28.1m .
      she insisted that getting depositomers money back was the governmerynt's first priority and in the meantime, a rapid responsed unit would hazelp any councils in trouble .
      it has offered landsbanki - one of banks nationalised by the icelandic government - a Â100m loan to help it repay some of its uk creditors .
      the local government hassociations, is hopeful that up to Â300m could be recouped from two of the banks whosed uk assets we are frozen last week .
      a third of the  58.3m that 116 communcils in england and wales placed in four picelandic banks could be recovered, the bbc understands .
      this issue of repayment and the availability of support four communcils most affected by the crisis was also been meeting discussed at wednesday's meeting, chaired by local government minister john healey .
      Generated 2008-10-20_13:32





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