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She turned out to remember Karítas well, which was hardly surprising given that the other girl had been the queen bee of the school. Far from belonging to the same gang, however, Karítas had hung out with the cool kids, Bella with the misfits. Not that Bella had put it quite like that but Thóra could read between the lines. ‘Do you think her mother will remember you?’ They entered through a wrought-iron gate far too fussily ornamental for its Icelandic setting. A paved path led down to the house, which stood on a plot by the sea.

‘No way. I bet she’d like to forget those days. She didn’t live in a posh house like this then. From what I remember Karítas and her mum lived in a small flat that probably belonged to the council. Her mum used to work in the local shop.’

‘Things have obviously looked up for her since then.’ Thóra lowered her voice as they approached the front door. ‘Remember to drop in casually that you used to know her daughter,’ she whispered, ‘but for goodness’ sake don’t badmouth her. Pretend you were her number one fan.’

Bella snorted disgustedly but didn’t refuse outright as Thóra had feared. In the large white concrete tubs flanking the entrance, the yellowing stalks of last summer’s flowers poked up out of the dry earth and trembled in the wind. Thóra thought statues of lions would have been more in keeping. She rang the bell, adding as an afterthought: ‘Otherwise I’ll never take you out with me again, not even to the recycling centre.’

‘Is that supposed to be a threat?’

Before Thóra could reply the door opened and a woman emerged. ‘Oh, do come inside, quick. There’s such a draught that everything will go flying.’ She beckoned them in with a tanned, somewhat leathery arm, jingling with gold bracelets. They didn’t look genuine but then Thóra was no judge. ‘I was smoking out of the downstairs window when you rang the bell. Come in, come in.’

Thóra and Bella hurriedly closed the door behind them and the three of them crowded into an entrance hall that was surprisingly poky in comparison to the rest of the house. Thóra was afraid of elbowing the owner in the jaw as she removed her coat; a bad start like that could ruin everything. ‘What a beautiful house.’ She followed the woman down the hall. In fact, the décor was not at all to her taste, but she knew that there were people who regarded gilt and velvet as the height of sophistication. The hallway and sitting room were so cluttered with occasional tables, vases, pictures, shelves and knick-knacks that Thóra pitied the poor woman having to dust them all. On closer inspection, she realised the place could do with a good clean, but she didn’t dare spend too long examining the surfaces in case it looked rude. Perhaps the woman’s cleaner had left, which was not unlikely if she was dependent on her daughter for money.

‘Do sit down. I’ll bring us some coffee.’ While she was out of the room, Thóra and Bella had a good look around. To judge from Bella’s expression, she was even less impressed with the furnishings and ornaments than Thóra. Her upper lip curled as if she had noticed a bad smell. Really, it was hardly possible to imagine less suitable surroundings for Bella. Her attention was fixed on the photographs of Karítas, alone or with her husband, which no doubt brought back teenage memories she would rather forget, even though – interestingly – the pictures all dated from the time after Karítas had married into the jet set. There were none of her as a child or teenager.

‘Here we are.’ The woman bore in a silver tray laden with rose-patterned china cups and a large matching coffee pot. There was even a cream jug and a sugar bowl with a dainty silver spoon. ‘Would you both like some? I’m dying for a cup myself, though I’m trying to give up as my blood pressure’s sky high at the moment.’ Thóra and Bella had both nodded while she was sharing this information, so she poured them each a cup as well as one for herself. ‘Now, which of you is Thóra?’

‘Me,’ Thóra blurted out loudly in her eagerness not to be confused with the secretary. ‘I’m Thóra – I spoke to you on the phone. This is Bella who works for us.’

The woman extended her hand to Bella: ‘Hello, do call me Begga.’ Still maintaining eye contact, the woman studied her intently. ‘I recognise you. Do I know you from somewhere?’

‘I used to live in the same neighbourhood as you when I was a kid. Karítas was in my year at school. You probably remember me from those days.’

Begga instantly became very twitchy, clearly uncomfortable at being reminded of her former life, and Thóra cursed herself for not considering this possibility. ‘Bella happened to mention to me that she remembered your daughter because she was so stunning. Still is, of course.’

The woman relaxed a little. The same could not be said of Bella, but at least she refrained from making a face. ‘Karítas was always special. Even as a baby she looked like an angel.’ Her mother smiled fondly at the memory. The lipstick she had applied, perhaps in their honour, had bled slightly into the small lines that fanned out from her mouth, making her appear older than she probably was. While it couldn’t be said that her daughter took after her in looks, there was a certain resemblance, particularly about the eyes, though the woman had trowelled on such a ridiculous amount of make-up that it was hard to tell what she looked like underneath. Perhaps she had been a beauty in her youth and found it difficult to reconcile herself to ageing. Her legs were still slim and elegant, a fact she was apparently aware of as she was dolled up in a knee-length skirt and high heels that were far too smart for the occasion. In comparison to her legs the rest of her body appeared almost bloated, and she seemed to be in low spirits. ‘I can’t begin to describe how much I miss her. We’re so close. It was always just the two of us. Her father was never in the picture and that made us all the more important to each other. We’re more like best friends than mother and daughter.’ Begga’s tone sounded increasingly hollow.

‘I can believe it,’ said Thóra. ‘Does she stay here with you when she’s in the country?’

‘Usually, yes. If she’s alone. They own this house, though I live here – as a favour to them really. Otherwise they’d keep getting burgled. But when Gulam’s with her, they stay at a hotel. Not that he comes very often – or at all nowadays. It’s hardly surprising.’ Begga tossed her head. ‘Even Karítas can’t face it any more.’

‘You mean because of the business with the bank?’ Thóra didn’t dare breathe a word about debts or bankruptcy for fear the woman would take offence.

‘Yes. It’s so awful.’ Begga took a sip of coffee, and when she put down her cup there was a scarlet smear on the rim. ‘I can’t discuss it for obvious reasons – you never know what might get back to that vile special prosecutor. How could they dream that a man as rich as Gulam would commit fraud for money? He has absolutely no need to, I assure you.’ She sniffed and ran a hand over her badly styled hair. ‘Not that I suspect you of being in the pay of that prosecutor. You both seem far too nice.’

That the woman could mistake Bella for a nice person was testimony to how few visitors she received. She must have a tough time of it socially if she had shed her old friends and acquaintances, only to discover that she was not welcome among the new Icelandic elite. Too obviously nouveau riche herself, she would serve as an uncomfortable reminder to others in the group that they were no better.

‘Karítas is okay, isn’t she? Financially, I mean.’ Incredibly, Bella managed to sound genuinely concerned.

Begga paused to consider for a moment, then waved a hand over her shoulder as if dismissing her troubles. ‘Well, don’t spread it about but Karítas is fine. It isn’t like when ordinary people go bankrupt; she and Gulam have all sorts of funds and that sort of thing, but they’ve had some problems as a result of this cash-flow crisis – you know, all that unpleasantness caused by those Lehman brothers. It’s so unfair, really, because if they’d been allowed to take out more loans, it wouldn’t have been an issue. If you want my opinion, it was nothing but jealousy. They had so much that people were determined to take it away. But fortunately it didn’t work. Not completely.’