economonkey

Archive for July 1st, 2008

01 Jul, 2008

Government to increase protection for savers

Posted by: Lance In: News

In case you didn’t already know this, the first £35,000 of savings you deposit in a bank or building society are guaranteed by the government in the event of that institution collapsing. Judging by the mass panic amongst Northern Rock customers last year, it seems likely that most people aren’t aware of this safety net. […]


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Economonkey is a blog about the economy, how it works and how it effects all of us. Our aim is to help everybody understand how the economy is run, so that they are better informed about what's happening to their money.