Plan and Budget 2015/16 published today
20th January 2015
FSCS today publishes its 2015/16 Plan and Budget, which announces an indicative levy of £287m for firms in 2015/16.
The levy covers compensation and management expenses. It excludes the costs of the major bank failures of 2008/09. This compares with total levies of £276m so far in 2014/15.