By Sofia Gerace ( November 18, 2025, 00:01 GMT | Insight) -- UK bank customers would be reimbursed up to an increased amount of £120,000 if their bank, building society, or credit union were to fail, according to a new policy from the prudential watchdog. The current limit of £85,000 is being raised from Dec. 1 following a consultation with the industry.Customers of UK banks, building societies or credit unions that fail will see their reimbursement cap raised from next month under a new policy from the Bank of England's regulatory arm. ...
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