Government savings protection to be cut from £85,000 to £75,000

4th July 2015

For full details and information about the changes from 1 January 2016 see money Savings Expert article at -
http://www.moneysavingexpert.com/news/savings/2015/07/safe-savings-limit-to-fall-to-75000-from-january

If you have more than £75,000 savings in any one account or group of banks then you may need to consider shifting part of your savings to separate accounts.