Premium Bonds savers told to 'brace' for prize fund fall
The prize rates offered on Premium Bonds could fall, after the Chancellor froze the National Savings & Investment (NS&I) fundraising targets.
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The prize rates offered on Premium Bonds could fall, after the Chancellor froze the National Savings & Investment (NS&I) fundraising targets.
Savings rates have rocketed over the last two years but so has inflation, which means the value of people's deposits have still been falling in real terms. Now that has suddenly changed.
For the first time, Metro Bank is offering two savings accounts which sit at the very top of the best buy tables.
Customers who save with NS&I products could start to see more Premium Bonds prizes and new best buys launching from the Treasury-backed bank.
Savers could see a rise in domestic savings and investment following the Autumn Statement, as the Government looks to raise more money from the