UK depositors will receive greater protection from the Bank of England as the amount of money covered by a nationwide deposit guarantee scheme is set to rise to £110,000. The scheme provides financial ...

Faye was Headline Money Consumer Money Journalist of 2023 and a Wincott Award finalist in 2025. She's been investigating scams for nearly a decade. Customers of banks, building societies and credit ...

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 ...

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.

Customers with bank accounts in the UK will see a significant increase in the amount of money that is protected if their bank or building society collapses. The deposit protection scheme means ...

The Financial Services Compensation Scheme (FSCS) is helping to safeguard retail deposits held by approximately 180,000 retail customers of Heritable and Kaupthing Singer & Friedlander. The move comes ...

The Financial Services Compensation Scheme (FSCS) protects savers’ cash that’s been deposited with a UK-authorised bank, building society or credit union, up to a limit of £120,000. For joint accounts ...

The Financial Services Compensation Scheme (FSCS) was set up in 2001 to protect consumers’ savings in the event their bank or building society went bust. It can also protect mortgages, investments and ...