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Iceland voters reject Icesave deal

Icelandic voters have rejected proposals to pay back debts to the UK and the Netherlands following the collapse of Icesave bank.

Over the weekend 93 per cent of voters said no to the £3.5bn deal to reimburse overseas depositors. Britain has been pressing to recoup £2.3bn for losses suffered by around 300,000 clients of Icesave.

In January Icelandic president Olafur Ragnar Grimsson refused to ratify a bill passed by the country’s parliament to authorise the repayment of money to Britain and the Netherlands following the collapse of the Landsbanki subsidiary in 2008. He called for a referendum on the bill following national protests opposing the payouts.


Horlick: As with other types of annuities, a capital sum is invested in exchange for a monthly

Immediate response

Partnership managing director of care Chris Horlick explains how buying an immediate needs annuity ensured property assets were not depleted

Pink Home Loans – Kensington 3 Year Fixed Rate

Pink Home Loans – Kensington 3 Year Fixed Rate Type: Fixed-rate mortgage Fixed term: Three years Fixed rate: 5.39% Minimum loan: £25,001 Maximum loan: Up to 75% of valuation subject to a maximum of £350,000, £250,000 for first-time buyers Income multiples: Based on affordability Arrangement fee: £999 completion fee plus £99 booking fee Redemption fee: […]


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