You now have more protection against banks going bust – but they have till June to tell you about it

Money you’ve saved with providers that are part of the UK’s Financial Services Compensation Scheme (FSCS) is now protected up to £85,000 per institution – though banks and building societies don’t need to tell you about the updated figure till the end of June. Update: This blog was published last month, but the information in it is accurate...

What on Earth does quantitative easing mean? How financial jargon alienates the masses

‘Quantitative easing’ is all the rage today after the Bank of England announced it is "increasing the size of its asset purchase programme by £75 billion to £275 billion". You what? Most people won’t have a clue what that means. Quantitative easing sounds like some kind of over-the-counter medicine or an A-level maths test. The reality is...