Part of the debate – in the House of Lords at 3:22 pm on 13 June 2018.
Lord Bates
The Minister of State, Department for International Development
3:22,
13 June 2018
I hear what my noble friend says, but progress has been made. We have announced that the current threshold of £50,000 for the protection of assets by the Financial Services Compensation Scheme will increase to £85,000 from next April. That is a significant step in the right direction and it underscores again our commitment to small investors and small enterprises.