BSA Responses to FSCS Deposit Limit Consultation CP4/25

The BSA's response to CP4/25 - Depositor Protection

The BSA has today (Friday 27 June 2025) responded to CP4/25 - Depositor Protection, which outlines proposals to uplift the FSCS deposit protection limit to £110k and the temporary high balance protection limit to £1.4 million. 

The BSA supports the proposed uplifting and states the importance of reviewing this limit at least every five years, so that the protection limits are not significantly watered down due to inflation. 

You can read the full response here.