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Iceland savers get interim 30p in £1
Joe Murphy, Political Editor16 Oct 2008
BRITISH customers caught up in crisis-hit Iceland bank Landsbanki are to receive an initial payment of 30p for every £1 they have saved.
Administrators Deloitte said at least 455 British savers had a total of £38.7 million deposited with the group, which is in administration.
In all, 2,033 customers had £117.3 million saved. Deloitte said the speed of the payment was "unprecedented" and was approved by a court last night.
