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PRA looking to raise deposit protection limit to £110,000

By Benjamin Chiou

Date: Monday 31 Mar 2025

(Sharecast News) - The Prudential Regulation Authority is proposing to lift the deposit protection limit by £35,000, the first change to its guarantee in eight years.
The regulator wants to raise the protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000, covering day-to-day current accounts and savings...

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