How Safe is Your Money in the Bank? | Are UK Banks Safe?

Silicon Valley Bank, Signature Bank, Silvergate Bank, Credit Suisse....

The month of March certainly has been a busy month for bank collapses, but is this just the beginning? Are we on the brink of a global financial meltdown? If you have money in a UK bank account or financial institution, then this video will be useful for you if you’ve had concerns about the solvency of the banking sector.

With all the banking turmoil that’s been reported over the last few weeks, it’s really no surprise that some savers or investors might be questioning whether their money is actually safe in the bank.

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⏱TIME STAMPS:
0:00 Intro
0:49 Who should be worried?
1:20 What happened to SVB and Credit Suisse?
3:32 Is this the start of a financial crisis in the UK?
6:13 Do we need to worry about our money?
7:28 How can you make sure your money is protected?
10:00 Alternative ways of protecting your money
11:38 Outro

Disclaimer: I am not a financial advisor and do not provide financial advice in any capacity. All information provided on this channel is strictly for entertainment and educational purposes only. Please consult a suitably qualified licenced professional should you require financial advice.