Iceland has struck a fresh deal with Britain and the Netherlands to repay nearly €4bn lost in the failed Icesave online bank after two years of diplomatic wrangling

Iceland is close to a deal with Britain and the Netherlands over €3.8bn lost in the Icesave online bank, eight months after an earlier agreement was rejected in a referendum

Britain's central bank is lending Iceland's Landsbanki up to £100 million to help it to repay Britons with money deposited at the bank, the Chancellor Alistair Darling said on Monday.

FORMER Chancellor of the Exchequer Alistair Darling has admitted that he vetoed a deal two years ago for Barclays to buy the troubled US investment bank Lehman Brothers, whos

Chancellor Alistair Darling has given his backing to Lloyds TSB's takover of rival Halifax Bank of Scotland in a £12.2bn rescue deal.

Shadow chancellor Alistair Darling launched a thinly-veiled attack on former prime minister Gordon Brown last night, saying Labour lost the general election because it ignored the deficit.

Alistair Darling the Chancellor is embroiled in a major row over expected record losses at HBOS - the stricken bank taken over by Lloyds under a deal brokered by Gordon Brown.

Iceland's president rejected a bill to repay Britain and the Netherlands more than $5 billion their savers lost when Icelandic banks collapsed, forcing a referendum on the issue. The move threatens vital economic aid and the country's EU accession bid.

Iceland's parliament narrowly backs a deal to repay British and Dutch governments over the collapse of the Icesave bank.

Near-bankrupt Iceland's €4bn ($5.43bn) loan from Russia is still not a done deal. Iceland's central bank Governor David Oddsson says that talks are still "ongoing" but that any aid from Russia would be "very much welcomed."   You can understand why Iceland is desperate for a massive euro-injection in the current bank crisis: the Sedlabanki, the central ...