NS&I PROVISIONAL Q3 2019-20 RESULTS AND 2020-21 NET FINANCING TARGET

Q3 2019-20 Net Financing of £3.2 billion 2019-20 Net Financing full year forecast: £10.1 billion, in line with the target of £11 billion (within a range of £8 billion to £14 billion) 2020-21 Net Financing target: £6 billion (within a range of £3 billion to £9 billion). NS&I has today published its unaudited quarterly results for the third quarter (October to December 2019) of the financial year 2019-20. NS&I delivered £3.2 billion of Net Financing in Q3 2019-20, giving a year-to-date…

ERNIE MARCHES INTO SPRING WITH JACKPOT WINNERS IN NORWICH AND CAMBRIDGESHIRE

Two lucky people in Norwich and Cambridgeshire will be waking up with a spring in their step this morning following a visit from Agent Million informing them that they have won £1 million each. The first eligible Bond number drawn this month - 250KD320334 – belongs to a woman based in Norwich. She has a total holding of £50,000 and purchased her winning Bond in July 2015. She is just the third jackpot winner from the East Anglian city.

NS&I ANNOUNCES REDUCTION IN INTEREST RATES

NS&I today announces interest rate reductions across its fixed and variable savings products, effective from 1 May 2020 Changes will ensure NS&I’s interest rates are positioned appropriately against those of its competitors and help NS&I to strike a balance between the needs of its savers, taxpayers and broader market stability The interest rate changes, effective from 1 May 2020, reflect the fact that due to exceptionally low gilt yields, the measure NS&I uses for tracking the…

ERNIE SHARES THE LOVE THIS FEBRUARY WITH JACKPOT WINNERS IN SURREY AND NOTTINGHAM

ERNIE may be more machine than man, but that doesn’t mean he can’t help spread the love this February, with our two Premium Bonds jackpot winners in Surrey and Nottingham. The first eligible number drawn this month – 350ZA848545 – belongs to a woman living in Nottingham, who purchased her winning Bond just last year in January 2019. She has a total holding of £37,575 and becomes the seventh jackpot millionaire in Nottingham.

NS&I research shows that Generation Rent struggle to save, but not for want of trying

Nearly half (48%) of all young adults (18-34 age brackets) said a lack of disposable income affected their ability to save. Three quarters of 18-24 and 63% of 25-34 year olds cut on spending in order to save. Almost four in five (79%) of those with savings admitted to having to dip into their savings to cover their day-to-day living expenses. 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…

A million reasons to celebrate the twenties as Ernie picks the first two Premium Bonds winners of the decade

The new decade starts with a bang for two lucky Premium Bonds holders who have won this month’s jackpot of £1 million each. Agent Million surprised two new winners in Hertfordshire and Cheshire East to share the good news on New Year’s Day. The first number randomly selected by ERNIE – 244DT242763 – belongs to a man living in Hertfordshire who purchased his winning Bond in April 2015. He has a total holding of £40,000 in Premium Bonds and becomes the tenth jackpot millionaire from the county.

From a child millionaire to a technological leap – a year in the life of Premium Bonds

It’s been another great year for Premium Bonds. A new child millionaire, an upgrade for ERNIE, and several other new Premium Bonds features to make saving even more accessible and easier for all. We’ve rounded up some of the highlights from a busy 2019 for one of the nation’s favourite savings products.

Christmas comes early in Hampshire & Isle of Wight and Stockport for December’s Premium Bonds prize winners

There’s no winding down this Christmas for ERNIE, delivering an early £1 million Christmas present to two lucky winners – one in Stockport and the other in Hampshire & Isle of Wight – as part of December’s Premium Bonds draw.  This month’s first millionaire to receive the good news from Agent Million is a man based in Stockport. The winning Bond number is 309GV354472 and was purchased in August 2017. He has a total of £36,000 in Premium Bonds.