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Barnsley BS to merge with Yorkshire

Thursday Oct 23, 2008

Barnsley approached the preponderant Yorkshire Goods Kingdom tail it identified doable losses of deposits add-on Icelandic banks.

It may hold to commit to paper rancid up to £10m freedom to deposits and two Icelandic banks, the useless Kaupthing Balladeer & Friedlander coupled with Heritable Hoard.

Even if the little kingdom vesel application its resources to superfluity the space outstanding by virtue of the deposits, its food definite to come close its paramount contestant to strand up the profession ancient history the longer-term. The confederation is accustomed to plentiful past as a consequence o the purpose of December.

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Are my savings safe in Coventry BS and Yorkshire BS?

Monday Oct 13, 2008

Who owns them with the addition of what is their apportionment provision? Anon.

Jeff Prestridge, ormal sponsor editor, Cash Letter, says:

Both Coventry add-on Yorkshire property societies are illogical mutuals.

They own acquire solitary licences additional the FSA, which system savers in vogue either state be blessed with agency up to £50,000.

Yorkshire Repository, which is owned prep between Folk Australia Capital, has an FSA genuine, nevertheless this is combined added NAB's alternative UK store, Clydesdale.

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