A council is still £500,000 out of pocket following the collapse of banks in Iceland. Lewes District Council lost about £1 million in deposits when Landsbanki failed in 2008.
So far the local authority said it has received about £500,000 in payments, including £188,000 this year.
A report to the council’s cabinet to be discussed next week said the timing of future payments to the council “remains uncertain”.
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