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Comment from Retail Director LHV Bank, Kris Brewster on the deposit protection limit rise to £120,000
Summary by Rotherham Taylor Chartered Accountants
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5 Articles
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What does the FSCS deposit limit increase mean for you?
While the Autumn Budget has managed to leave a bitter taste in the mouth of many business owners and individuals, some solace can be found in the sanctity of long-term money security. From 1 December 2025, UK bank customers will benefit from a significant uplift in the deposit protection limit under the Financial Services Compensation Scheme (FSCS). Following confirmation by the Prudential Regulation Authority (PRA), the FSCS will begin protecti…
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