By Martin Lewis, January 27, 2011
Are your savings safe? Well, more than they were last year anyway. Then, the government only guaranteed £50,000 per person per institution. Now it is £85,000. Yet do not think: 'I'm fine then', as you could be less covered than you think.
I want to give you a savings safety makeover, based on the new rules. On December 31, the UK was brought into line with Europe, where the limit is €100,000 - £85,000 at the time. This amount should remain the same unless there are massive exchange-rate changes.