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 ...
British savers will have up to 120,000 pounds ($158,000) of their money protected in the event of a bank failure, the Bank of England said on Tuesday after increasing the deposit guarantee limit by 40 ...
The Bank of England’s regulatory arm is lifting the amount that savers are guaranteed to get back in case of the failure of a ...
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