Property News · April 15, 2016

Manchester Building Society warns customers to limit savings


Chairman says society face uncertain future and has written to savers warning about risk of holding more than £75,000Manchester Building Society is fighting for survival after urging customers to keep savings below the £75,000 limit covered by a national compensation scheme.In an ominous statement, the chairman David Harding said there was “uncertainty regarding the long-term future of the society”, but insisted the board was doing all it could to save the institution. Continue reading…

Source : theguardian.com
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