West Wiltshire District Council and Newcastle-Under Lyme Borough Council have appointed Investec Guinness Flight's (IGF) liquidity management team for mandates totaling £25m.

West Wiltshire's mandate is worth roughly £9m, while the Newcastle-Under-Lyme mandate amounts to £15m. The consultants were Sector Treasury Services and Butlers, respectively, says Christopher Oulton, head of institutional business development at IGF.