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UK customers escape bank levy

Around 15,000 savers in the UK arm of stricken Cypriot bank Laiki will see their deposits protected under British rules and will escape the Cyprus banking levy.

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Cypriot MPs to vote on bailout plans tomorrow

Politicians moved today to restructure Cyprus's most troubled bank as part of a broader bailout plan that must be in place by Monday to avoid financial ruin.

The vote on a 64-page document on a state investment "solidarity fund" and controls on the country's banks will take place tomorrow at 10am.

Cyprus to vote on this legislation document at 10am. Credit: ITV News/ Emma Murphy

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