Is the FSCS compensation of £85k government backed?

Bill Kruse made this Freedom of Information request to Her Majesty's Treasury

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The request was successful.

Dear Her Majesty’s Treasury,

Is this guarantee backed by either law or statute? I note the earlier FOI regarding the £50k guarantee which was apparently backed by neither and I wonder whether conditions relating to the current higher guarantee are any different.

Yours faithfully,

Bill Kruse

Enquiries, CEU - HMT [Restricted], Her Majesty's Treasury

Dear Bill Kruse,
Thank you for your Freedom of Information request. I write to confirm receipt of your request and to let you know that it is receiving attention. If you have any enquiries regarding your request do not hesitate to contact me.
Ryan Holmes.
Correspondence and FOI Support Officer,
HM Treasury.

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responses, FOI - HMT [Restricted], Her Majesty's Treasury

1 Attachment

Dear Mr. Kruse

 

Please find attached a response to your FOI request.

 

Regards

 

 

 

 

Information Rights Unit| HM Treasury, 1 Horse Guards Road, SW1A 2HQ

 

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