Time to sort out Iceland

Speaking as an Englishman I have to ask, what the hell is going on with Iceland? Fist they loose all our money now they are closing our airspace. It's all a bit much and something should be done. I hope the next UK government will address this...possibly through invasion, since all the conflicts Britain are involved with right now are on the other side of the world it would be nice to have something closer to home, so the troops could get back at weekends and would not have to miss out on things like children's birthdays etc..