Jeremy Hunt 'to seek more money from NS&I savers' in his Autumn Statement to help meet the UK's borrowing costs
Jeremy Hunt is set to raise targets for NS&I premium and savings bonds in the Autumn Statement.
Source: thisismoney.co.uk
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Jeremy Hunt is set to raise targets for NS&I premium and savings bonds in the Autumn Statement.
Jeremy Hunt (pictured) is set to raise targets for NS&I premium and savings bonds in the Autumn Statement, according to The Telegraph.
The government-backed bank closed its 6.2 per cent bonds rate just five weeks after it was launched. More than 225,000 savers have bought the one-year fixed rate bonds.
NS&I has boosted the interest rate on its Direct Isa savings account from 2.15 to 2.4% in what one expert has labelled as 'underwhelming.'