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One of the UK’s largest savings organisations

Benefitting the public and the public purse

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NS&I is one of the largest savings organisations in the UK with more than 24 million customers and over £218 billion invested.

NS&I is both a government department and an Executive Agency of the Chancellor of the Exchequer. Our origins can be traced back more than 160 years to 1861.

When customers invest in NS&I products, they are lending to the Government, which goes towards the public purse. In return, the Government pays interest, or prizes for Premium Bonds. We offer 100% security on all deposits.

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Our performance

In 2022-23

85.03

Digital First

95.89

Amount of key service levels achieved versus total contractual service levels, where service credits apply, across all GPS clients

6.7p

Administration cost per £100 of funds held by NS&I

359,000

As at March 2022, more than 359,000 people had signed up to Help to Save

In 2022-23

In 2022-23, NS&I delivered £10.0 billion of Net Financing, against a whole year target of £6 billion (+/- £3 billion), excluding Green Savings Bonds.



View our performance

Inspiring a stronger savings culture

Here you can see our performance and the progress we’ve made towards each of our six strategic aims that make up our Inspire & Invest strategy.

View annual report

Latest news

NS&I reduces interest rates on some fixed-term products

Interest rate reductions for some of NS&I’s fixed-term products, effective from today, 11 September 2024Changes will ensure NS&I’s interest rates are positioned appropriately in the wider market and help NS&I to balance the interests of its savers, taxpayers and broader financial service sectorNew Issues of NS&I’s 2-year, 3-year and 5-year British Savings Bonds have gone on sale today, 11 September 2024, with new interest rates reflecting the changing savings market.

Two Premium Bonds holders from West Sussex and Manchester celebrate £1 million jackpot win

 September’s jackpot millionaires are from West Sussex and ManchesterMore than 5.9 million prizes have been drawn this month, worth over £459 millionOne of the £100,000 prizes goes to a winner in Birmingham with a holding of under £600This month sees two Premium Bonds holders from West Sussex and Manchester bag the £1 million jackpot.
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Join our team

Find out how to use your commercial skills and fresh thinking to create value for the public purse, and inspire the savers of today and tomorrow.

Learn more about working at NS&I

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