UK pours hundreds of millions pounds into IceSave
The British authorities have decided to put GBP 800 million into the accounts of British depositors in IceSave, MBL reported. Alistair Darling, the Br...
‘British offer to guarantee Icesave declined by Iceland Central Bank’
Bjorgolfur Thor Bjorgolfsson, a major shareholder of Landsbanki, said this week that deposits with the collapsed savings brand Icesave could have been...
The Landsbanki freezing order
HM Treasury has issued a notice to provide guidance in relation to the Landsbanki Freezing order between Iceland and UK, which should smoothen the fin...
British government offers loan to Landsbanki
Alistair Darling, the British finance minister announced that the Bank of England will give a loan of 100 million pounds to reimburse British deposito...
Declaration of British Treasury Secretary
Jon Cunliffe, the Second Permanent Secretary at HM Treasury, and Managing Director of International and Finance Directorate in UK, sent a letter to Ge...
IceSave to be covered by mutual agreement
The Icelandic Prime Minister, Geir H. Haarde is determined not to let the current economic situation ruin the long-standing friendship between Iceland...
This is against the law says UK’s prime minster Gordon Brown in a BBC interview
According to the UK Prime Minster, Gordon Brown in an Interview with the BBC earlier today “The Icelandic banks have failed not only the people of Ic...
Icelandic PM: terrorist law must not be applied to Iceland
The Icelandic government is said to be angry at the approach of the British Prime Minister Gordon Brown concerning depositors of Landsbanki. (Read Ice...