The UK's deposit protection limit for customers of banks, building societies and credit unions has increased to £120,000, up from £85,000. The move aims to strengthen consumer confidence and provide ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The deposit protection limit - which represents the maximum ...
On 31 March 2025, the Bank of England Prudential Regulation Authority (PRA) announced a significant proposal: raising the Financial Services Compensation Scheme (FSCS) deposit protection limit from ...