Iceland restart UK debt talks

Iceland is set to resume talks today with Britain and the Netherlands on repaying more than $5bn (£3.2bn) lost when Icelandic banks collapsed in 2008, Finance Minister Steingrimur Sigfusson said yesterday. The British and Dutch governments have already compensated savers in their countries who invested in "Icesave" online high-interest savings accounts for their losses, and insist that Iceland must pay the money back. A new negotiating team would leave Reykjavik to attend exploratory meetings today, said Iceland