watervole: (Default)
Judith Proctor ([personal profile] watervole) wrote2005-05-04 08:43 pm

How safe are banks?

What are the odds of a major high street bank, such as Barclays, folding?

What kind of legal protection exists for people's savings?

Does anyone know?

I'd like to know just how safe my money is.

[livejournal.com profile] waveney and I are discussing the security of different types of long-term savings and whether money in a bank is guaranteed as a low-return, but high security option.

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