Month: June 2020

  • Protecting your cash with Insignis

    Protecting your cash with Insignis

    The Financial Services Compensation Scheme (FSCS) is the government mandated protection scheme for savings in the UK and is designed to protect savers from the collapse of financial institutions. Protection of savings is key during uncertain times, and although the collapse of Northern Rock, Bradford & Bingley and the Icelandic banks are now a distant…

  • The Bank of England Holds-Off On Negative Interest Rates

    The Bank of England Holds-Off On Negative Interest Rates

    BoE holds off on negative interest rates at today‚Äôs MPC meeting There was recently a lot of talk in the corridors of power and among the markets of negative interest rates, and if the UK and US would soon implement them. Bank of England governor Andrew Bailey has an ambiguous stance on negative rates and…