Friday, February 20, 2009

800 Years Old Petition Rights to The Queen Invoked

The action group to help local depositors from the collapsed Landsbanki group have invoked petition rights granted 800 years ago to the Queen of England. It is one of a number of ancient rights arising from the unique relationship between the islands and England, in particular the monarchy.

The petition 'prays' for the queen's indulgence to intervene using her influence with the UK Government.

Local depositors lost out despite the bail out of UK counterparts by PM Gordon Brown. The petition is keen to stress that these are ordinary locals who have lost out, not rich tax dodgers. An explanation perhaps necessary in these times when so many have an opinion about the island's tax status.

Bob

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