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 ...

The deposit protection limit for savers if their bank or building society fails could be raised by £25,000 later this year, under proposals being consulted on. The Bank of England’s Prudential ...

One-year fixed savings accounts are offering inflation-beating rates of up to 4.85%. We've rounded up the best deals ...

When choosing a financial provider to stash your money with, be sure to check for FSCS protection. This vital compensation scheme means you could get your money back if the provider goes belly up.

The UK Bank of England (BoE) has published its consultation paper CP4/25 which contains proposals for depositor protection and the new resolution tool proposed by the Bank Resolution (Recapitalisation ...

THOUSANDS of savers are being urged to act fast — or risk losing protection on their cash and facing hefty penalties if they ...

Proposed increases in the deposit protection limit from £85,000 to £110,000 and in the temporary high balance limit from £1 million to £1.4 million would take effect from 1 December 2025. There would ...

The amount of money savers get back if their bank or building society goes bust could be raised by £25,000 later this year, under proposals being consulted on. The deposit protection limit of the ...