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Still counting UK's cost of Icelandic meltdown

08.05.09
A hint of calm, but certainly not normality, is returning to the busted Nordic economy thanks to the International Monetary Fund's $10 billion bailout. But for many UK investors the story isn't over... more

Hamleys Icelandic investor seeks protection as bank talks fail

04.02.09
Retail: Icelandic holding company Baugur, which has major retail interests in Britain including stakes in House of Fraser and Hamleys has applied for court protection after restructuring talks with its lenders failed... more

Hague must be Tories’ choice for Chancellor

17.11.08
... more

Icestorm in Barnet hits a banking exec

12.11.08
ICELANDIC tremors among the power-hungry politicos at Barnet council, which, as readers of City Spy will recall, managed to blow a stonking £28 million of taxpayers’ money in Glitnir and Landsbanki.... more

Councillors fly to Iceland to recover lost millions

11.11.08
Barnet council officials are flying to Iceland in an attempt to recover £30 million tied up in the country's failed banks... more

IMF consortium 'to wrap up £3.8bn rescue deal for Iceland'

07.11.08
Iceland is to get its $6 billion rescue package from an International Monetary Fund-led consortium, according to Poland, one of the contributors... more

Bernie’s girl Petra is in the F1 driving seat

06.11.08
Eagle-eyed observers who managed to take their eyes off the on-track action at Sunday’s nailbiting Brazilian Grand Prix may have noticed trackside hoardings for a company called Form - a company owned by Petra Ecclestone... more

Wearable Whistles

30.10.08
Laura Craik on why this chain with a store in the new Westfield centre could defy the downturn... more

Oxford University has £30m stuck in Iceland

16.10.08
The full scale of the Iceland bank crash's impact on British institutions is emerging... more

Iceland row puts rating agencies in firing line

14.10.08
Pressure is mounting for an in-depth investigation into the big three credit rating agencies, which stand accused of missing banking problems ranging from Iceland to the US subprime mortgage crisis ... more

Iceland exchange opens again but suffers 76% crash

14.10.08
The Reykjavik stock exchange opened in disarray, with its main index crashing 76% on opening... more

UK loans Iceland £100m to help get our cash back

13.10.08
Alistair Darling has announced moves to allow savers in stricken banks in Iceland to get their money back... more

Olympics host faces £7m loss in Iceland

13.10.08
The main 2012 Olympics host authority has become the latest London borough to face losing millions of taxpayers' money in the Icelandic bank collapse... more

Bank default sees Candys take control of projects

10.10.08
Property tycoons Nick and Christian Candy have taken over two luxury residential projects after partner Kaupthing, an Icelandic bank, defaulted on loan agreements.... more

Charities beg for Icelandic savings to be protected

10.10.08
An emergency summit between Britain’s leading charities and the Treasury was held as it emerged that voluntary groups are engulfed by the Icelandic banking crisis... more

Investors have been let down by the watchdogs

10.10.08
A billion pounds of taxpayers’ money is frozen in Iceland. Yet all the empty promises should have been exposed by UK regulators and rating agencies... more

Darling blamed as Iceland’s bank troubles spiral

09.10.08
Iceland turns on Britain’s Chancellor Alistair Darling as a third bank is nationalised... more

Iceland woes deepen as Glitnir bites the dust

08.10.08
Iceland's financial crisis intensified when the state of its banks turned out to be even worse than thought... more

The Candy brothers in bid to save US project

08.10.08
UK Property tycoons Nick and Christian Candy and their Icelandic banking partners locked in last-ditch talks to save an ambitious development in the US... more

Darling guarantees UK Icesave deposit

08.10.08
Alistair Darling has pledged that the estimated 300,000 British savers with defunct internet bank Icesave would not lose any money... more

Iceland seeks £3bn from Russia to rescue banks

07.10.08
The Icelandic authorities go cap in hand to Russia for emergency funding after they were forced to bail out two of the island’s largest banks... more

Iceland freezes all bank share trades

06.10.08
Banking: Trading in the shares of all Iceland’s banks and financial institutions was suspended on the Nordic Exchange ahead of a long-awaited bailout plan from the government... more

Icy storm blows through the High Street

03.10.08
With holdings in companies from Iceland to Hamleys, Jon Asgeir Johannesson has forged an empire here. But the Reykjavik entrepreneur could fall victim to the credit crunch... more

Iceland banks blow after Glitnir move

30.09.08
A host of Icelandic banks were hit by ratings downgrades following the nationalisation of the country's third-biggest bank Glitnir... more

The worldwide domino effect

29.09.08
Credit Crunch: The international banking crisis has swept across the continent claiming its first major victims in the Eurozone... more

City braced for meltdown

29.09.08
The City is bracing itself for further pain after watching Asian markets plunge to record lows overnight... more

Iceland rate rise to 15% sparks worries

25.03.08
Fears about the state of Iceland rise as its central bank hoists interest rates to 15%... more

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