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SIC plans extra draw on reserves plus council tax rise to balance the books
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![PJP Architects' drawing of the prospective King Harald Street development in Lerwick.](/wp-content/uploads/2017/02/161215_King_Harald_Street_development_PJP_Architects-240x140.jpg)
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![The SIC's development director Neil Grant: 'Shetland relies very heavily on Europe' - Photo: Hans J Marter/Shetland News](/wp-content/uploads/2017/02/170207_Neil_Grant-240x140.jpg)
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![Social housing properties owned by the SIC and Hjaltland Housing are benefiting from government energy efficiency funds.](/wp-content/uploads/2017/02/Quoys_1-240x140.jpg)
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![Peter Kay (centre) and his bandmates in folk trio The Magpies.](/wp-content/uploads/2017/02/peter_keay_danny_award-240x140.jpg)
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![Rosalynn Fraser, a school worker from Tingwall, was scammed out of £3,000 before her bank reimbursed the sum.](/wp-content/uploads/2017/02/Rosalynn_Fraser-240x140.jpg)
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![Jimmy Moncrieff pictured outside Shetland Museum and Archives, one of numerous projects he oversaw in his time at the amenity trust.](/wp-content/uploads/2017/02/Jimmy_Moncrieff_atr_Museum-240x140.jpg)
![All passenger ferry and cargo boat sailings have been cancelled.](/wp-content/uploads/2017/02/141006__Hrossey_leaving-240x140.jpg)
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![BBC Radio Shetland's Daniel Lawson with his Young Journalist of the Year award. Photo: Laura McIntyre](/wp-content/uploads/2017/02/170203_Daniel_Lawson_Laura_McIntyre-240x140.jpg)
![Fair Isle lies half way between Shetland and Orkney and is not connected to the national grid - Photo: Hans J Marter/Shetland News](/wp-content/uploads/2017/02/140630_Fair_Isle-240x140.jpg)
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![Author Malachy Tallack and illustrator Katie Scott at the award ceremony on Thursday.](/wp-content/uploads/2017/02/170203_Malcky_Tallack__Katie_Scott-240x140.jpg)
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![John Henderson, MD of Ocean Kinetics Limited (left) and Katrina Wiseman HIE (right) seen here with staff at Ocean Kinetics - Photo: Ben Mullay.HIE](/wp-content/uploads/2017/02/170201_Ocean_Kinetics1-240x140.jpg)
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![Promote Shetland's broadcast of Lerwick's Up Helly Aa attracted again a worldwide audience - Photo: Alex Mazurov/Promote Shetland](/wp-content/uploads/2017/02/170131_Lerwick_UpHellyAa_small-240x140.jpg)
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