Very large amounts. For those with very large amounts of savings (for example, a house sale or inheritance), you may need lots of accounts.

Very large amounts. For those with very large amounts of savings (for example, a house sale or inheritance), you may need lots of accounts.
Even if you've too much to stick to the £50,000 limit for each, the general rule of not having all your eggs in one basket still works.


Less than £50,000. If you've less than £50,000, there's no problem in terms of protection. Yet if you were to have to claim compensation,
this takes time, and meanwhile you wouldn't have access to your cash. Thus it's still worth considering spreading money across more than one institution.

The base rate cut can mean only one thing: the economy is in trouble. The aim of the cut is to boost the economy, stimulate spending and bring rates
into line with other countries.