The existing limit to the Financial Services Compensation Scheme (FSCS) is £85,000 per account.
But from Jan 1 2016, the amount will be reduced to £75,000.
The compensation scheme is run under a European directive, which sets the limit at €100,000 across the whole of the European Union.
The precise sum in pounds for the next five years is set according to exchange rates on July 3.
http://www.bbc.co.uk/news/business-33384284