Reduction to 75k here
So you have until 31st Jan to make alternative arrangements if you have more than 75k on deposit in any single account.
The Bank said: “The new limit has been set today at £75,000. However, HM Treasury has put in place legislation to maintain the existing limit of £85,000 until 31 December 2015 for depositors who were previously protected by the FSCS and continue to be protected (including individuals and small companies).”
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