This is an HTML version of an attachment to the Freedom of Information request 'Total Money Invested'.

Ms Vivienne Limer

[FOI #5820 email]

Our Ref.

LBH45100-09

Your Ref.

9 February 2009

Dear Ms Limer,

FREEDOM OF INFORMATION ACT 2000 - request for information. 

Thank you for your Freedom of Information request received on 12 January in which you asked how much money Hackney Borough Council have in savings, either in British or foreign accounts

The table below details the foreign investments currently held by London Borough of Hackney. Please note that although they are UK banks they are owned by banks abroad (e.g. Abbey National is owned by Santander of Spain and Clydesdale Bank are owned by the National Australia Group of Australia). Both Abbey National and Clydesdale Bank are covered by the Government Credit Guarantee Scheme.

Country

Organisation

Amount £m

Australia

National Australia Group (Clydesdale Bank)

£5m

Spain

Santander Group (Abbey National)

£18m

UK

Various UK banks / building societies / other local authorities / central government   

£277m

Total

 

£300m

If you are dissatisfied with this response and wish to appeal, please write to the Information Governance Team, Appeals, 6-15 Florfield Road, Hackney London E8 1DTand your complaint will be dealt with through our Internal Review procedure.

If you are still not satisfied following the Internal Review, you have a right to appeal to the Information Commissioner. He can be contacted at:

Information Commissioner's Office
Wycliffe House
Water Lane
Wilmslow
Cheshire
SK9 5AF 
Telephone: 01625 545 700

Yours sincerely

ICT

Christine Peacock, Head of ICT, 6- 15 Florfield Road, Reading Lane, London E8 1DT

http://www.hackney.gov.uk

Please contact:

Reaz Khedarun

6-15 Florfield Road

Telephone:

020 8356 4032

Reading Lane

E-mail:

[email address]

London

Fax:

020 8356 2598

E8 1DT