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Friday, 17 October 2008

How safe is your money?

OK, its time to ask, ‘how safe is my money?’ Not only in terms of your personal finances, but also your business bank account too. Banking collapses were unthinkable until recently and then credit crunch bite, global market turmoil hit, and logic was turned upside down. A quick trawl through some financial websites, and the answer seems to be to ensure your money is in a UK registered bank or Building Society savings account, current account, small business account (with annual turnovers below £1 million) or credit union, but not savings stamps or hamper schemes. It is worth taking the timeout to investigate your own finances and their safety, and ask the question: how safe is my money?

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