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Should savers have been warned?
Should savers have been warned?
Last Modified: 31 Oct 2008
By:
John Sparks
The recent collapse of Iceland's biggest banks has cost thousands of British savers and investors hundreds of millions of pounds.
Tonight Channel 4 News can reveal that the British government and the financial regulator were aware of serious problems in the Icelandic banking system as early as March, but chose to take no action.
Should customers, particularly institutional investors, like charities and local government bodies, have been informed?
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