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Northern Rock - 100% Of Any Deposit Amount Now Govt Guaranteed?

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Am I right in thinking the govt is backing Northern Rock deposits 100%, no matter what amount, even if over the £35,000 usual FSA limit?

I have heard contradictory info on this, someone please clarify.

I think the NR website seems to suggest this is so.

I'm thinking of putting in £2 million (my STR fund).

(that's a joke about the 2 mill of course!)

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