FCSC to increase to £110,000?

myself321

This was reported on by the BOE/ BBC and others this March, here :

https://www.bankofengland.co.uk/news/2025/march/the-pra-proposes-raising-fscs-deposit-protection-limit

www.bbc.co.uk/news/articles/c62z32pyegyo.amp

To happen this December, although there seems no news about this since.

Does anyone know if this is definitely happening and where the announcement might be? If it is happening.

Many thanks 

wmb194

myself321 said:

This was reported on by the BOE/ BBC and others this March, here :

https://www.bankofengland.co.uk/news/2025/march/the-pra-proposes-raising-fscs-deposit-protection-limit

www.bbc.co.uk/news/articles/c62z32pyegyo.amp

To happen this December, although there seems no news about this since.

Does anyone know if this is definitely happening and where the announcement might be? If it is happening.

Many thanks 

There's a relatively recent thread on this: https://forums.moneysavingexpert.com/discussion/6626630/fscs-deposit-protection-limit-is-it-increasing-from-85k-on-dec-1st

@Masonic wrote: "The consultation closed at the end of June. The outcome is expected to be published in November."

I'm sure it'll be all over the news if it happens.