The Icelanders Cometh ; (1)They're Taking Over the High Streets, Pop West Ham United. But Just Where Do They Charts and Now Do They Get the Cash?(2)Life Culture

Summary


GEIR HAARDE, Iceland's prime minister, is a jolly chap. At a business lunch in London, he was asked when the tidal wave of investment coming into the UK from his tiny country might be balanced to give British companies a shot at his markets. "As the Russians used to say," Mr Haarde replied, "come and visit us before we visit you!"

There was laughter, but it was muted. Mr Haarde had touched a raw nerve.

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The Icelanders Cometh ; (1)They're Taking Over the High Streets, Pop West Ham United. But Just Where Do They Charts and Now Do They Get the Cash?(2)Life Culture

Allconquering Icelandic investors are one thing, but when they are spoken of in the same breath as "The Russians" a certain nervousness can be expected.

The reason is that no one can quite work out where Iceland's money co...

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