WebApr 13, 2024 · Governor has played down repeat of financial crisis but review of payout policy points to unhappy memoriesWhen Andrew Bailey revealed in a speech that the Bank of England was working on updating Britain’s deposit insurance guarantee scheme, which gives government protection on savings up to £85,000 in the event of a bank run, it was … Web21 hours ago · Through a series of payments behind the scenes, all of the savers’ money was protected. The FSCS limit was soon afterwards increased to £50,000 with 100% of …
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