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🚨The UK is increasing its deposit protection limit for the first time in years. From 1 December 2025, FSCS protection will rise from £85,000 to £120,000 per person, per banking institution. This change reflects how much cash people now hold after years of higher interest rates — and it gives savers a bigger safety net if a bank fails. If you keep large balances, remember: banks that share the same licence count as one institution. It may be worth spreading your savings to stay within the new £1
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