What is the impact of the new £85k FSCS protection limit?

The end of January saw a boost for savers as the Financial Services Compensation Scheme (FSCS) raised its limit for savings protection by £10,000 to £85,000.  FSCS chief executive Mark Neale said: “Our new limit will protect about 98% of the UK public. So people can be sure their money in banks, building societies and […]