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 PRA has published a policy statement on increases to the deposit protection limits under the Financial Services Compensation Scheme (FSCS) and changes to disclosure requirements to ensure ...

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UK banks’ customers will be protected from December by up to £120,000 if their provider fails. The new limit, which will increase from £85,000, was confirmed by the Prudential Regulation Authority ...

The Financial Services Compensation Scheme (FSCS) deposit protection limit will rise to a bumper £120,000 from 1 December 2025. The amount of cash protected if a bank or building society goes bust ...

New rules are coming into force that mean UK bank customers will have more of their money protected if a financial provider fails. As of December 1, up to £120,000 of your cash will be returned to you ...

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 ...

The Financial Services Compensation Scheme (FSCS) has unveiled a new consumer-facing online tool which tells investors the degree to which their savings are protected. The Scheme, funded in part by an ...

A survey of 280 charities by the Charities Aid Foundation (CAF) reveals that only a quarter (25%) are certain they know how much of their funds are protected under the Financial Services Compensation ...