spanish Economy

G

gov

Senior member
Spain are apparently in deep dodo - I've got two Fixed rate bonds with Santandar due to mature in October. I know they're supposedly covered ( up to £85k) by FSCS if the unthinkable happens .
There seems to be a few financial experts on the forum - do I need to worry too much or move the money into British BS's/Banks when they mature ? I am aware that a lot of Banks etc are in the same groups so you have to be careful - am I still safe with Barclays, Halifax and Cheltenam and Gloucester ? - are they linked ?
 
Assuming your investments are less than the government backed protection then I think you have nothing to worry about.

Whilst Santander is a Spanish owned bank they are probably no worse than any other although I would never use them as I just don't like them......
 
uuf361 said:
Assuming your investments are less than the government backed protection then I think you have nothing to worry about.

Whilst Santander is a Spanish owned bank they are probably no worse than any other although I would never use them as I just don't like them......
Click to expand...

Thanks for reassurance - lets hope they sort themselves out.
 
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