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| Version 0 | Version 1 |
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| Services worry over council cash | Services worry over council cash |
| (about 2 hours later) | |
| Local council leaders in Wales have warned that services may suffer as they wait to find out how much money they will receive next year. | Local council leaders in Wales have warned that services may suffer as they wait to find out how much money they will receive next year. |
| All 22 face below-inflation settlements from the Welsh Assembly Government. | All 22 face below-inflation settlements from the Welsh Assembly Government. |
| While ministers have said no authority will get an increase of under 1.5%, inflation is currently about 5%. | While ministers have said no authority will get an increase of under 1.5%, inflation is currently about 5%. |
| Councils have faced steep increases in their energy bills and nine have millions of pounds frozen in Icelandic banks or their subsidiaries. | Councils have faced steep increases in their energy bills and nine have millions of pounds frozen in Icelandic banks or their subsidiaries. |
| The overall deal for local government announced in last week's draft budget was 2.8%. | The overall deal for local government announced in last week's draft budget was 2.8%. |
| I would expect a prudently managed organisation to be able to navigate its way through the current difficulty Finance Minister Andrew Davies | |
| Welsh Local Government Association leader John Davies then accused ministers of "making the wrong choices for the people of Wales who value their local services". | Welsh Local Government Association leader John Davies then accused ministers of "making the wrong choices for the people of Wales who value their local services". |
| The association will seek talks with the assembly government, after the detailed council-by-council settlement is announced, during what Mr Davies called "exceptionally difficult times" for local councils. | The association will seek talks with the assembly government, after the detailed council-by-council settlement is announced, during what Mr Davies called "exceptionally difficult times" for local councils. |
| Finance Minister Minister Andrew Davies told AMs on Tuesday that nine Welsh local authorities had a total of £60m in Icelandic financial institutions, while three police authorities had £10m and three universities £8.1m. | |
| They are Glyndwr University in Wrexham, the University of Wales and Aberystwyth University. | They are Glyndwr University in Wrexham, the University of Wales and Aberystwyth University. |
| He said any request for "assistance short term" would be considered but insisted there was no prospect of financial compensation from ministers. | He said any request for "assistance short term" would be considered but insisted there was no prospect of financial compensation from ministers. |
| The minister said the assembly government was "fully supporting" UK government negotiations with Icelandic officials to get assets unfrozen. | The minister said the assembly government was "fully supporting" UK government negotiations with Icelandic officials to get assets unfrozen. |
| "I would expect a prudently managed organisation to be able to navigate its way through the current difficulty - as indeed very much looks to be the case," he said. | "I would expect a prudently managed organisation to be able to navigate its way through the current difficulty - as indeed very much looks to be the case," he said. |
| "Any prospect of compensation would clearly be very detrimental to the efforts being made to get the frozen investments returned," Mr Davies added. | "Any prospect of compensation would clearly be very detrimental to the efforts being made to get the frozen investments returned," Mr Davies added. |
| Welsh Local Government Minister Brian Gibbons is to due join Whitehall discussions on the Iceland issue on Wednesday. | Welsh Local Government Minister Brian Gibbons is to due join Whitehall discussions on the Iceland issue on Wednesday. |
| Dyfed-Powys Police Authority has called a special meeting at the same time to consider the impact of having £2m of its money tied up in the Nordic country. | Dyfed-Powys Police Authority has called a special meeting at the same time to consider the impact of having £2m of its money tied up in the Nordic country. |