ASSISTANCE TO ICELAND

That this House is concerned that instead of helping the UK's old ally and friend Iceland in its financial crisis, and taking concerted measures with the Icelandic government to help the Icelandic banks and to check the fall in the Icelandic krona, the Government has failed to provide either support or comfort, thus forcing the Icelandic government to turn to Russia; and points out that Iceland is a major trading partner, the source of much of Britain's vital fish imports and a major investor in many British businesses and deserves much better treatment and more helpful support in its current difficulties, particularly since if these are left unchecked the consequences will wash back on the British economy.