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Is my money safe?

It is very unlikely that the government will let a big UK bank collapse. Furthermore, all UK bank and building society savings products are covered by the Financial Services Compensation Scheme (FSCS)

The FSCS is an independent financial policy, set up and regulated by the Financial Services Authority (FSA), which guarantees that you'll be able to claim the first £50,000 of any savings if a bank or building society collapses financially.

For more information on this, please consult a financial adviser.

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