New savings compensation rules – the details: Ł1m state protection for bank deposits

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New savings compensation rules – the details: Ł1m state protection for bank deposits

7th October 2014, 11:20:AM

Bank customers who have large sums in their account as a result of selling a home will have up to Ł1m protected by an enhanced government guarantee scheme. The improved protection – currently only Ł85,000 is covered by the scheme – will be introduced in July next year, according to proposals made today by the […]

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New savings compensation rules – the details: Ł1m state protection for bank deposits

New savings compensation rules – the details: Ł1m state protection for bank deposits

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