UK Chancellor confirms bank deposit insurance ‘under review’

Comments follow remarks by BoE governor and indicate shift in thinking.

UK Chancellor Jeremy Hunt has confirmed the Government is considering raising bank deposit insurance guarantees, and raised the prospect of introducing measures to counter the effect of social media rumors on the markets.

His comments came in fringe meetings at the IMF Spring gatherings in Washington, and follow those made

Free Trial

Register for free to keep reading.

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day
Register for free Already a member? Sign in