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UK seeks Germaintain savings clarity
largest week, the financial servinces authority said it would be raising the limit to the amount of deposits that are guaranteed should a uk bank go bust, from Â35,000 to Â50,000 player banking group from this tuesday .
as long as it was the irish band small countries, in a way this could be fended off, but germany, of course, is a very big player and i fear that the british government may have to follow suit .
the uk is to incre ase its cap on the amount of savings it would protect from Â35,000 to Â50,000 .
bbc business editor robert peston said there was confusion overs as the specific details of germany's plan .
robert peston bbc business editor .
the uk tre asury is trying to establish the details of a ov germany's plan suggesting it would offer a 100% guarantee of its private bank deposits .
Generated 2008-10-7_22:6
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