Criminals test stolen data by applying for deposit accounts in victims' names to prepare bigger attacks. Learn why banks won't share fraud details.

The government yesterday (23 November) approved the Deposit Protection Ordinance, 2025, aimed at ensuring economic stability and protecting the interests of the depositors in the country. The advisory ...

UK bank account holders will now have more of their savings covered by the nation's deposit guarantee scheme. The Bank of England (BoE) announced on Tuesday, 18 November, that the standard amount of ...

Faye was Headline Money Consumer Money Journalist of 2023 and a Wincott Award finalist in 2025. She's been investigating scams for nearly a decade. Customers of banks, building societies and credit ...

Customers with bank accounts in the UK will see a significant increase in the amount of money that is protected if their bank or building society collapses. The deposit protection scheme means ...

The Financial Services Compensation Scheme (FSCS) deposit protection limit will rise to a bumper £120,000 from 1 December 2025. The amount of cash protected if a bank or building society goes bust ...

Simply sign up to the UK financial regulation myFT Digest -- delivered directly to your inbox. The Bank of England has raised the amount of money to be covered by the UK’s deposit guarantee scheme to ...

The new Financial Services Compensation Scheme limit, which is increasing from £85,000, will apply from December 1. The Financial Services Compensation Scheme is funded by a levy on financial firms ...

The amount of cash that is protected if a bank or building society goes bust is set to rise for the first time in eight years, The Mail on Sunday understands. In a major boost for millions of savers, ...

Amanda has written in the personal finance space for several years and previously worked as a risk analyst at a local community bank. She researches economics, emerging financial trends and the future ...