Title: Savings security in banks increased to £50,000
Tags: banks, savings, property
Blog Entry: The government has opted to increase the saving protection for savers in banks from £35,000 to £50,000. This is in a bid to offer some further confidence to savers thet even if a bank goes bust, their individual savings of up to £50,000 will be protected. Will this limit protect savers enough compared to the Irish banks who have offered 100% protection guarantee?
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