Two women, one from Harrow and the other from East Sussex, have been drawn as this month’s Premium Bonds jackpot millionaires. The pair become the 359th and 360th winners of the top Premium Bonds prize since it was introduced in April 1994.
The latest edition of NS&I’s Financial Advice Barometer shows that twice as many advisers (22%) expect to increase their clients’ cash holdings in the next six months compared to the last time the survey was conducted in October 2016, when the figure was 11%.
NS&I has today published its un-audited quarterly results for the third quarter (October to December 2016) of the financial year 2016-17. NS&I delivered £6.1 billion of Net Financing in Q3 2016-17, giving a year-to-date total of just under £7.9 billion.
NS&I has today announced that it is reducing interest rates on four of its variable rate products. This follows reductions in interest rates across the savings market after the Bank of England’s reduction of the base rate by 25 basis points, to 0.25% in August 2016.
NS&I has confirmed today that it has exercised an option to extend, by one year, its contract with Matrix Capital to provide an advisory service to Premium Bonds jackpot winners. The contract with Matrix Capital will now run until 31 March 2018.