There were growing signs last night that the Icelandic government is about to embark upon a root-and-branch review of the country's UK investments, triggering speculation about the future of some of Britain's best-known high street chains.. . .

. . . Iceland has been taking advice from JP Morgan since the country's financial system started to melt down in October, acccording to sources. But now, it is thought to be seeking advice specifically on what to do with holdings in UK retailers - bought by investment group Baugur using money largely borrowed from Landsbanki.  26-Dec-08.

http://www.dailymail.co.uk/money/article-1101959/Iceland-investment-talks-threaten-High-Street-upheaval.html?ITO=1490