One of the most frequently asked questions today - so here is a brief summary of the latest understanding (as of lunchtime on Friday 10th October)
 
All limits are per person, and relate to Unconnected Institutions - as an example Royal Bank Of Scotland and Nat West are connected
 
Banks and Building Societies     £50,000 per person
 
Northern Rock                          £2 million per person (Guaranteed by UK Government)
 
National Savings
(not Post Office Bank)               Unlimited (Guaranteed by UK Government)
 
Post Office Bank
(Comes under Irish Bank)          Unlimited for 2 years
 
Irish Banks                               Unlimited for 2 years
 
Icesave                                     Unlimited (Guaranteed by UK Government)
(Iceland)
 
Of course, with the potential 'good value' of the stock markets, it could be a good time to be investing there instead.
 
If you require any clarification on the above, do not hesitate to call our Independent Financial Adviser - Jeremy Squibb on the usual F4C phone number