Landsbanki action group rules out direct action

Following the state members' decision that depositors must rely on the work of the joint administrators of Landsbanki Guernsey to recover their money, a number of savers planned to demonstrate to draw attention to their plight. Approximately 70% of savers' individual deposits are still at stake. However, the action group believe the best way forward is to 'remain rational and calm' while continuing to press the legitimacy of their case for help from the Government. While the Isle of Man Government has put £150m towards assisting savers affected by the collapse of Kaupthing Isle of Man a...