We present an analysis of our deep far- (FUV) and near-ultraviolet (NUV) photometry of the core region of the dense globular cluster M 15. Our FUV-NUV colour-magnitude diagram (CMD) is the deepest one presented for a globular cluster so far, and shows all hot stellar populations expected in a globular cluster, such as horizontal branch stars, blue stragglers, white dwarfs, cataclysmic variables and even main sequence stars. The main sequence turn-off is clearly visible and the main sequence stars form a prominent track that extends at least two magnitudes below the main sequence turn-off. We compare and discuss the radial distribution of the various stellar populations that show up in the FUV. We search for variability amongst our FUV sources and tentatively classify our variable candidates based on an analysis of the UV colours and variability properties. We find that RR Lyraes, Cepheids, and SX Phoenicis exhibit massive variability amplitudes in this waveband (several mags).