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UK Fortifies Financial Safety Net: Bank Deposit Protection Set to Rise to £120,000

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Banking

UK Fortifies Financial Safety Net: Bank Deposit Protection Set to Rise to £120,000

18/11/2025 user0Tagged Bank of England, banking stability, consumer protection, deposit protection, economy, finance, financial technology, FSCS, UK banking

A major boost to UK financial security is coming, with bank deposit protection set to rise significantly, enhancing confidence for savers and businesses.