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200,000 UK savers hit by bank crash

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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

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

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

Brown beats Cameron in Google battle for 'most-searched'

10.12.08
In Google's annual "most searched for" popularity contest, Britain had an unlikely winner - beleaguered Prime Minister Gordon Brown... 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

Mathewson, Burt and Scots political mafia

11.11.08
Sir George Mathewson, 68, and Sir Peter Burt, 64, who are trying to wrest control of HBOS from Lloyds TSB, should not try to kid anyone — their motives are as much political as fiscal... 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

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

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

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

Darling unveils £50 billion rescue plan for stricken banks

08.10.08
Chancellor Alistair Darling has announced a £50 billion emergency rescue plan for stricken UK banks... more

Countdown to Chancellor's bail-out

08.10.08
17 July 2007 - Two hedge funds specialising in the US sub-prime mortgage market declared worthless by US investment bank Bear Stearns.... 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 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

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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