According to former Central Bank of Iceland governor, David Oddsson, his British counterpart, Mervyn King, faithfully promised that Iceland would not have to pay anything for Icesave in the event of Landsbanki’s demise. The governor of the Bank of England denies the claim. Read the full story

In April 2008, the then-head of the Central Bank of Iceland, David Oddsson sent a formal request to his counterpart at the Bank of England, Mervyn King, to implement a currency swap agreement between the two countries, Althingi’s new collapse report states. The request was rejected. Read the full story