This petition was submitted during the 2010 to 2015 Parliament
Closed petition Financial Services Compensation Scheme only to apply to banks that meet lending targets.
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The Financial Services Compensation Scheme (FSCS) to be changed so that it only applies to banks that meet the government lending targets. This will give a strong market signal as if banks do not lend then depositors will take their money out and put in to banks that are lending and thereby helping to restore the economy.
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This petition will stay open until 17 August 2012.