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News Wire / economy

UK FSCS Savings Protection Increases To £120,000

Times Radio UK London 15d12d Impact 5
The Financial Services Compensation Scheme (FSCS) protection for eligible savings and current accounts has increased to £120,000 per person. This protection applies to UK authorized banks, building societies, and credit unions. The coverage applies from the first pound up to the new £120,000 limit. This measure ensures that savings are protected up to the new threshold.

Topics

finance banking

Developing

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Sources · 7 independent

Times Radio UK

“FSCS Protection for your sa- and current accounts has risen to £120,000 per person at UK authorised banks, building societies and credit unions.”

Times Radio UK

“£120,000, it's all protected, so you can focus on what matters with... See what it means for you at fscs.org.uk.”

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