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There is an important change on the way to the Financial Services Compensation Scheme (FSCS). This scheme, provided by the UK Government, gives cover to customers if anything happens to their bank, building society or credit union.
From January 1, 2016, the maximum deposit protection limit is changing, from £85,000 to £75,000 for each individual account. This change applies to all banks, building societies and credit unions in the UK. The NHS C
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