The Icelandic banking scandal has left many savers questioning the security of overseas banks and there are indications that an increasing number of savers are moving their mo...
Kevin Mountford - Head of Banking
Updated: 15 October 2008
Politicians, senior bankers and economic advisers around the world spent the weekend locked in crisis talks as they sought to prevent the implosion of the global financial sys...
Clare Francis - Editor
Updated: 13 October 2008
Icelandic assets worth £4 billion are being held hostage by the Government as it negotiates the return of £3 billion of British cash....
The banking system has been rocked to its core and hundreds of thousands of UK savers with Icesave, Heritable Bank and Kaupthing Edge have been directly affected by the seemin...
Updated: 09 October 2008
Research has shown that one in five savers has lost confidence in banks following recent financial turmoil and does not think their money is safe....
Savers who have accounts with Heritable Bank and Kaupthing Edge will be breathing a sigh of relief, following the announcement that ING direct, the UK savings arm of Dutch ban...
Updated: 08 October 2008
A £50 billion crisis bail-out for stricken UK banks has been announced by Chancellor Alistair Darling....
After a tumultuous day yesterday, savers can breathe a sigh of relief. The Chancellor has confirmed that the 300,000 savers who have accounts with Icesave will not lose any mo...
I joked two weeks ago about it being best to put your money under the mattress. By the day it looks less like a joke and more like an option!...
Stuart Glendinning - MD, Money Channels
For many years now working for the Financial Services Compensation Scheme (FSCS) has been a dull job. Dull, but important. As an offshoot of the Financial Services...
Updated: 07 October 2008
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