Following the news that Kaupthing and Landsbanki Heritable had gone into default, the FSCS has provided details of a compensation scheme for Kaupthing Edge and Heritable Bank UK savers. (more…)

Technorati Tags: compensation, fscs, icesave, kaupthing, landsbanki heritable, savings

Northern Rock has withdrawn a number of savings products since the huge increase in demand risked it exceeding 1.5 percent of UK retail deposit balances. (more…)

Technorati Tags: bank, northern rock, safety, saving, security