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Icesave press article
gmtomkins
Posts: 8 Forumite
Just read this article in the Times...
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5168474.ece
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5168474.ece
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Comments
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...I would have thought the government would still have to pay the amount over the £50k limit as this is not covered by the fscs...0
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...I would have thought the government would still have to pay the amount over the £50k limit as this is not covered by the fscs...
That is what the article states if I understood it correctly.The FSCS will repay any further savings up to the usual threshold of £50,000 at a cost of £1.4 billion, with the Government stepping in to cover any amounts above this threshold.0
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