Amid mounting concerns about the state of Europe’s banks, the British bit of Bank of Cyprus wants to switch from the Cypriot depositor protection scheme to the UK's FSCS.
European savers are well protected under deposit guarantee schemes. But check now who covers your savings and where to get information, should the euro crisis hit your savings bank.
Santander UK’s credit rating has been downgraded, however our advice remains the same as it is for savers with any other UK FSCS protected savings provider.
NS&I confirms it does not expect to reintroduce its hugely popular Index Linked Savings Certificates anytime before the end of its current financial year (March 2013).