The saviour of savers

If there's one thing to be learned from the banking calamities of the past few years, it's that the phrase "As good as money in the bank" is perhaps not as rock-solid as it might be -- as we saw with the unfortunately named Northern Rock, which was the trigger that set the alarm bells ringing and presaged the near-collapse of some of our stalwart high-street banks.

But we are well blessed in the UK, being under the cover of the Financial Services Compensation Scheme (FSCS), which celebrates its 10th birthday today.