The Financial Services Compensation Scheme(FSCS) protection limit is changing

On 1 January 2016 the deposit protection limit is changing from £85,000 to £75,000- If your bank, building society or credit union fails, the Financial Services Compensation Scheme (FSCS) protects your eligible deposits up to the deposit protection limit (currently £85,000 for most depositors)

For more information please click on the following link

http://www.fscs.org.uk/what-we-cover/eligibility-rules/compensation-limits/deposit-limits/