5 January 2010 Archive

Icelandic president vetoes Icesave bill

A Treasury spokesman said the government expected Iceland to "live up to its obligations."

Iceland will not repay £2.3 billion to Britain in compensation for the collapse of Lansbanki, president Olafur Ragnar Grimsson has announced.

Abbey unveils new savings bonds

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Abbey is launching a range of new fixed-rate bonds which pay up to 4.1 per cent interest annually.

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