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Having money in your home will only attract more burglaries.
Have I got more than £85k on deposit in any one bank in the UK then? If so, spread your risk by moving money to limit the amount in any one banking group. This has been the recommended procedure here since the financial crash anyway, so it's hardly new news.

And the 'MPs' mentioned in the headline turns out to be one Euroseptic MP. Merely scaremongering by the 'Daily Rag', so desperate to sell its newspapers.
Put it in a safe deposit box in your bank.
under the mattress.
How many people have over 80k in the bank?

Joe Blogg will be okay.
if you have more than 85k spread over any number of banks, if those banks are affiliated, you would only get compensation on the first 85k, if the banks went bust, that is here in UK>

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