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Charities pushed to front of compensation queue after Icelandic banking meltdown
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• Local authorities left to wait with other creditors • Darling's use of Terrorism Act called into question<>Charities with cash deposited in the failed Icelandic banks should be fully compensated by the government, a Treasury select committee report will recommend today, although local authorities</>...
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Hospices: Services suspended, the hospice making tough decisions
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The collapse of the Icelandic economy had a potentially devastating impact on Naomi House, a hospice near Winchester, providing care for terminally ill children and their families.<>The charity had £5.7m invested with Kaupthing Singer & Friedlander, the British subsidiary of Iceland's biggest bank,</>...
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