You are reading a single comment by @NotThamesWater and its replies. Click here to read the full conversation.
  • banks offer up to £75k guarantee for your deposits if they go bust, what other options does one have for cash / deposits that is completely safe, with global turmoil at the minute would hate to lose some cash because a bank defaults, very unlikely i know but want my bases covered. something that won't be affected by market swings

    do numerous bank accounts with one banks all have £75k protection or is it £75k per individual ?

  • something that won't be affected by market swings

    Sovereign bonds are considered risk-free - they are issued by the government. If that goes, you have far more to worry about that how much money you have.

    Since the end of last year, govt bonds have been going up, while market indices have been dropping - as you might expect when things are thought t be getting hairy.

  • If that goes, you have far more to worry about that how much money you have.

    You could probably say the same for HSBC to be fair

About