'Bonkers' and 'absurd': Reaction to FSCS deposit protection move

Carmen Reichman
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Experts have expressed their disbelief after it was announced the Financial Services Compensation Scheme's (FSCS) limit for deposit protection would be reduced to £75,000.

The move has been described as "bonkers" and a "massive blow to savers". Hargreaves Lansdown chartered financial planner Danny Cox and Savings Champion director Anna Bowes said the reduction fro...

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