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Icelandic voters reject repayment deal 200,000 UK savers hit by bank crash

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Icelandic voters reject repayment deal

11.04.11
Voters in Iceland have rejected a government-approved deal to repay Britain and the Netherlands £3bn for their citizens' deposits in the failed online bank Icesave ... more

George Osborne pleased to 'clear the air' over £2bn Icesave deal

10.12.10
The Chancellor welcomes a breakthrough in the £2.3 billion dispute with the Icelandic government over the collapsed Icesave bank... more

Bold Budget — but a big ask by George Osborne on cutting costs

28.06.10
Reaction to George Osborne’s Budget was, and should be, positive. It was bold in design and delivery, and on the tax aspects difficult to fault. But the savings side remains a worry. Can he really deliver what he claimed he will?... more

Iceland will vote to reject £3.3bn Icesave debt deal

05.03.10
Icelanders are expected to reject terms to repay Britain and the Netherlands for the country’s £3.3 billion debt from the collapse of Icesave... more

Iceland refuses deal to repay £2.3bn Icesave debt

26.02.10
Iceland walks out of talks over its £2.3 billion debt to Britain and the Netherlands from the Icesave collapse... more

Iceland moves closer to repaying Icesave £3.5bn

22.02.10
Iceland's government and opposition leaders agree a response to a British and Dutch proposal to repay the £3.5 billion it owes because of Icesave's collapse... more

Iceland handed new deal over £3.5bn Icesave failure

19.02.10
The British and Dutch governments propose a compromise deal for Iceland over the £3.5 billion the country owes over the collapse of Icesave... more

Iceland in talks with UK and Holland over Icesave

29.01.10
Icelandic, British and Dutch officials meet in The Hague to discuss compensation for funds lost when Iceland’s banking system collapsed... more

Iceland president: We will pay UK Icesave £2.3bn

07.01.10
Iceland will “honour its obligations” over savings lost in Icesave bank's collapse, president Ólafur Ragnar Grímsson says... more

Treasury fury at Iceland president's block on Icesave payback

05.01.10
A diplomatic row breaks out between Britain and Iceland after the country’s president refused to repay more than £3.4 billion lost when Icesave bank collapsed in 2008... more

Tough new rules could see bonus contracts torn up

18.11.09
NEW: Bankers will see excessive pay and bonuses contracts torn up if they promote undue risk-taking under tough new rules outlined in the proposed Financial Services Bill... more

Iceland passes Bill to restore lost savings to stung Britons

28.08.09
Iceland’s parliament finally voted through the deal that will see the country repay Britain and Holland for the $5 billion (£3.1 billion) lost by savers in Icelandic deposit accounts ... more

Iceland gets cold feet over paying back bailout

14.07.09
The Icelandic government is coming under domestic pressure to renegotiate the £2.3 billion compensation it has committed to paying British savers over the collapse of Icesave and its parent bank Landsbanki ... more

Overseer ‘is needed for all of Europe’

18.03.09
A pan-European regulator to set national standards and oversee supervision of the banking system was among the demands made by Lord Turner... more

Britain goes for gold to beat the crunch

13.11.08
Gold has become a financial haven for tens of thousands of people who have lost trust in traditional saving accounts... 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

£800m payout to Iceland savers will begin in days

06.11.08
Savers whose money has been frozen following the Icelandic banking crash can expect to get compensation within days... more

Major shops hit by credit crunch

17.10.08
Major high street stores are feeling the impact of the credit crunch, figures show... more

London councils suffer from Iceland banking crash

09.10.08
London town halls face raising council taxes and cutting spending in the wake of the Icelandic banking crash... 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

Government refuses to rescue councils caught in Iceland bank collapse

09.10.08
London authorities will not be reimbursed for the loss of £200 million of taxpayers' cash in the collapse of Iceland's Landsbanki, say Treasury sources... 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

Even £500 billion may not be enough, admits Darling

08.10.08
Alistair Darling has admitted his £500 billion gamble to beat the credit crunch might not be enough... more

City traders see first ray of sunshine amid chaos

08.10.08
“The interest rate cut took us all by surprise. We went absolutely crazy in here again,” said market analyst James Hughes as he reflected on the dramatic announcements... more

200,000 UK savers hit by bank crash

07.10.08
More than 200,000 British savers face a fight for their money after a bank collapsed... more

UK definitely in recession, say British business chiefs

07.10.08
The UK is already in recession, with business confidence, profits and turnover at record lows and unemployment set to rise by up to 350,000 in the next year... 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

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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