Around 15,000 savers with the UK arm of stricken Cypriot bank Laiki will have their deposits protected under British rules and will escape the Cyprus banking levy, it was announced today.
Coventry Building Society is closing its best buy cash Isa, so act now if you want to take advantage of the account, which currently pays 2.8% AER, with a 0.6% bonus for a year.
Bank of Cyprus's UK customers won't have their accounts raided, the bank insists, following a bailout agreement which could mean Cypriot savers have their deposits taxed.