I am grateful to Mr. Speaker for giving me the opportunity to raise the issue of United Kingdom citizens affected by the Icelandic Banking Crisis and the fact that they have or had offshore accounts.
Naomi House was badly hit in the Recent Icelandic Banking Crisis.
- were affected by the Icelandic Banking Crisis.
We need only to think of the Icelandic Banking Crisis, which affected individuals and local authorities across the UK, or the collapse of Lehman Brothers, which reverberated across global boundaries, to realise that that is true.
5 million owing to the Icelandic Banking Crisis - money that was earmarked for new radiography centres in Oldham and Salford.
I am raising a point of order about the response that the Prime Minister gave today about the Christie hospital and its funds that are frozen as a result of the Icelandic Banking Crisis.
That is due partly to the peculiar circumstances of the Icelandic Banking Crisis and partly to the decline in giving that has inevitably resulted from the recession.
During the Icelandic Banking Crisis, the Prime Minister and the Government used counter-terrorism legislation to seize the assets of Icelandic banks.
Using terrorism powers to bundle people out of the Labour party conference, to stop people reading out names in Whitehall, or indeed to deal with the Icelandic Banking Crisis demonstrated how authoritarianism had taken over from rational assessment of what we need to defeat terrorism.
A number of hon. Members will have had correspondence from constituents or former constituents about the impact of the Icelandic Banking Crisis on them, because they had deposits in the Isle of Man with Kaupthing Singer & Friedlander (Isle of Man) or in Guernsey with Landsbanki Guernsey.
The only area where the Government disagreed with us was in respect of our view that when the UK takes part in international negotiations, such as those following the Icelandic Banking Crisis, and there are differences between the UK's view and the dependencies', there should be a clearer mechanism for ensuring that the dependencies' case can be put in the negotiations.