Should Britain help offshore savers?

Posted 29/10/2008 - 06:18 by IceCrusher

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2008-10-27 (All day)

Daley states that the UK government would be quite right not to insure money held by British citizens in countries other than the UK (IoM and the Channel Islands are self-governing Crown Dependencies, not actually part of the United Kingdom). But, he goes on to reason that the British government should refund the offshore savers, if it comes to light in a more concrete way that the British government contributed to the banks’ collapse.