Proposed increases in the deposit protection limit from £85,000 to £110,000 and in the temporary high balance limit from £1 million to £1.4 million would take effect from 1 December 2025. There would ...

The PRA has published a policy statement on increases to the deposit protection limits under the Financial Services Compensation Scheme (FSCS) and changes to disclosure requirements to ensure ...

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 ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The deposit protection limit - which represents the maximum ...

LONDON (Reuters) -The Bank of England has proposed raising the protection limit for savers in case a bank fails to 110,000 pounds ($142,300), it said on Monday. The deposit protection limit is the ...