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MSE News: Northern Rock scraps 100% savings guarantee
Former_MSE_Guy
Posts: 1,650 Forumite
This is the discussion thread for the following MSE News Story:
"New accounts will have the standard £50,000 per person protection. Existing savers will gradually move to that level ..."
"New accounts will have the standard £50,000 per person protection. Existing savers will gradually move to that level ..."
0
Comments
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The bank will still be 100% owned by the UK Government for the time being so the risk losing anything above £50k+ is fairly remote!0
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Nothing much different, but Telegraph article here:
http://www.telegraph.co.uk/finance/personalfinance/savings/7308520/Savers-expected-to-move-large-sums-of-money-out-of-Northern-Rock.html~cottager0
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