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NS&I’s Net Financing in Q4 2020-21 was -£5.1 billion (minus £5.1 billion). Overall, NS&I delivered £23.8 billion of Net Financing in 2020-21. This is against a whole year target of £35 billion (+/- £5 billion). NS&I’s Net Financing target for 2021-21 was previously set at £6 billion (+/- £3 billion), but was revised to £35 billion (+/- £5 billion) to reflect government finance requirements arising from Covid-19.
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Journalists can email the media team at mediateam@nsandi.com.
New research by NS&I has revealed that nearly one in four people in the UK (23%) have no savings at all. This comes despite 77% of people saying they believed it was important to save.
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