Piss Boiler of the the Week

The Financial Services Compensation Scheme

"Ah", I hear you say. "That's fuck all to do with Euros!"

Wrong! A few days ago I got a letter through from a Building Society explaining the new limits for the Financial Services Compensation Scheme which - if you remember - guarantees the first £50,000 of your deposits in the event that your bank does a Northern Rock.

Well, that's all changing in the 1st January, 2011 because the Fourth Reich has decided that the limits of the scheme will, from that date, be €100,000.

"Hang on!" you say. "But the UK isn't in the Euro zone so why is it in Euros?"

The answer of course is that the high Fuhrer, Herman von Arsehole and Chancellor Murky say so and, as we know, EU law takes precedence over UK law. So now, if you want to know how much of your money is protected - well, it depends on the exchange rate.

And let's be honest, the way the Euro is going at the moment that could be anything...

Come on, Cleggeron. Get us the fuck of this shower of shit now. Britain has always been a trailblazer, so how about we are the first country to quit the EU?

It makes sense - which is more that this does!

Update + + + Common sense seems to have (sort of) prevailed and the FSA has decided that €100,000 will be called £85,000 until further notice!