The Guernsey government has no plans to follow the Isle of Man's lead in offering public funds to help bail out savers in subsidiaries of collapsed Icelandic banks.
More than 12,000 people - many UK citizens - have been caught up in the collapse of Kaupthing Singer & Friedlander (Isle of Man) and Landsbanki Guernsey, which together held just under £1bn of their savings.
