Financial Markets

I think that my hon. Friend is referring to the problems that have arisen as a result of the collapse of the Icelandic banks. As I said in my statement, and I think I said last week, we are having discussions with the Icelandic Government. I met the Icelandic Finance Minister at the weekend to try to resolve this matter. Today we have taken action through one particular branch of the bank to try to help businesses, and we will continue to do what we can. Last week representatives of the local authorities met my hon. Friend the Minister for Local Government to discuss these things.