Plan to raise deposit protection limit to £110,000
The planned increase takes into account inflation since the limit was last set in 2017, the body which supervises UK banks, ...
Bank of England proposes hike to deposit guarantee for savers
The Bank of England has proposed raising the protection limit for savers in case a bank fails to 110,000 pounds ($142,300), ...
UK Proposes to Raise Cap on Bank Deposit Insurance to £110,000
The Bank of England has proposed increasing the limit on deposits legally protected in the event of a bank failure by almost ...
How to find a business savings account with no monthly fees
Finding a no-fee business savings account can help your business profit more. In addition to monthly maintenance fees, ...
Payments banks seek Rs 5 lakh deposit limit, push for lending nod: Report
This marks the latest push by payments banks for regulatory changes, following the previous increase in April 2021, when the ...
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FSCS deposit protection limit may rise to £110k
The Prudential Regulation Authority is looking at raising the deposit protection limit of the Financial Services Compensation ...
Bank of England plans to raise deposit guarantee from £85,000 to £110,000
The Bank of England has proposed raising the amount of money covered by the UK deposit guarantee scheme from £85,000 to £110,000 under plans that are likely to increase the contribution lenders make ...