22 April 2010
The world’s airlines claim they are trying to help those stranded by the disruption caused by the Icelandic volcano. The truth is they are trying to make profit rather than assist ordinary travellers. They are running half-empty flights, open only to those prepared to pay top fares, while people who had flights cancelled are left grounded.
20 April 2010
Airline bosses are demanding that profits are put first during the Icelandic volcano crisis.
09 March 2010
Voters in Iceland have overwhelmingly rejected the terms of a deal to compensate British and Dutch banking customers for their losses after the bank Icesave collapsed in 2008.
02 March 2010
People in Iceland will take part in a crucial referendum this Saturday.
03 March 2009
Mosaic Fashion owns a series of high street chains. It was dumped into administration by its main backer, the Icelandic bank Kaupthing, on Monday. Kaupthing then immediately bought back Mosaic and changed the firm’s name. By doing this they wrote off some debts and snapped up the profitable bits of the company.
03 February 2009
The International Monetary Fund (IMF) put Britain at the bottom of the class in its revised forecast for the world economy last week. At the World Economic Forum meeting in Davos, Switzerland, Gordon Brown was forced to refute suggestions that London was now "Reykjavik on The Thames" – a reference to Iceland’s economic crash.
27 January 2009
The government of Iceland became the first to be driven out of office in this recession by a wave of popular protest this week.