No and not going, people rushing around pulling out funds are going to cause more banks to fall over and just worsen the situation.
With people panicking at the moment and pulling all their money out I am just waiting to see who is the next small provider who ends up having to shut its doors or ask for assistance.
Yes I certainly have we live off the interest we get from our money and it is alright people assuring us it is safe but only time will tell. My husband and myself have left a substantial sum in the Bradford and Bingley but transferrred two of our ISAS into different banks. I now at least feel able to sleep at night, We have been advised different things by different people some said that if you have two accounts or more with the money divided between them they are all safe. Others tell us different so we just had to make sure.
I'd transfer the balance above 35k to another bank, like many people are doing at the moment - many are choosing northern rock or the irish banks, but your safe with lloydstsb and probably HBOS when the takeover goes through.
Obviously removing money from the banks, is only addng to the problems in the banking sector, but to be honest, at a time like this you have to look after your cash that you have hard earned.
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