From next week, savers will receive a boost to the level of protection they get if their bank or building society goes bust.
Currently, the Financial Services Compensation Scheme (FSCS) protects up to £75,000 of savings per person, per institution.
However, this will rise to £85,000 from 30th January.
The limit is changing because of the falling pound, with the value of protection pegged broadly to 100,000 Euros.
The new level of protection means that savers can deposit an additional £10,000 with each institution and be guaranteed to ...