Latest Channel 4 News:
Clooney visits Italy quake victims
Kroenke increases Arsenal stake
Hamilton wants F1 to be fun again
Manufacturers slash prices
Output prices see fastest fall

The hunt for the 'Viking Raiders'

Updated on 16 October 2008

By John Sparks

John Sparks has been to Iceland to find out who's looking to buy and how it all went so wrong for the men known as the "Viking Raiders".

Known as the Viking Raiders, Icelandic entrepreneurs stormed through our high streets in recent years, buying up stakes in some of the best known shops.

But now with their financial system in tatters, the remains of their complex businesses are attracting the attention of rivals, eager to pick up a bargain.

John Sparks has been to Iceland where the trade minister spoke out against the aggressive tactics of leading British retailer Phillip Green who's been in Reykjavik looking for a deal.

Send this article by email

More on this story

Channel 4 is not responsible for the content of external websites.


Watch the Latest Channel 4 News

Watch Channel 4 News when you want

Latest Business & Money news

More News blogs

View RSS feed

Britain going bust?

Money (credit:Getty Images)

Faisal Islam gets the inside story on the national debt.

Faisal Islam on Twitter

faisalislam

A Golden Goose calculus: Tax raised by City in 9 years = £250bn. Estimated cost of bailout = £50bn plus. Post-crisis inc in nat debt= £844bn

This week

Follow us

How to tweet

How and why to follow the Channel 4 News family on Twitter.

Week in pictures

credit: Reuters

A selection of the best pictures from around the world.




Channel 4 © 2009. Channel 4 is not responsible for the content of external websites.