Hi again

With the latest reply to Vaughan regarding the collapse of ICESSAVE, stating that if the Iceland bank cannot pay their part of the compensation due to bankruptcy, then the £16,300 will be lost is a disgrace, I am inclined to withdraw ALL my savings I have with other institutions and put it under the bed.

We have been encouraged to leave our money in the banks to avoid disaster and this is the thanks we get!.

Whilst I have dismissed putting my money under the bed as foolhardy in the past I am afraid that this latest item does nothing to encourage me to keep my money in banks in the present climate.

In addition the announcement was made first thing this morning about accounts being frozen and up to this evening savers have been given no clear announcement as to our position. Another disgrace.

regards Honeysuckle