Latest news

NS&I today announced that it was reducing the interest rate on its Income Bonds to 1.25%, its Direct Saver to 1.1% and its Direct ISA to 1.75%.

There has been an increase in the number of people who will use at least some of their annual ISA allowance, according to new research from NS&I.

For the June 2013 draw ERNIE paid out over 1.8 million prizes, together amounting to over £56 million in value. There were 45,431,015,289 eligible Bond numbers in the draw.

On 25 May 2013, the NS&I Cash ISA and T Cash ISA (formerly TESSA-only ISA) closed and any customers who still had money invested were automatically transferred to our Direct ISA.

NS&I today announced that Atos has been awarded an outsourcing contract to deliver customer-facing and back office services to NS&I’s 25 million customers.

NS&I’s latest Quarterly Savings Survey has revealed that just under a third of Britain’s adults (31%) do not know how they will finance their needs in later life, including such eventualities as long-term illness, nursing home or care fees and care of others including partners, parents and siblings.

NS&I is undertaking a nationwide search to help track down the winners of over 898,000 unclaimed Premium Bond prizes, worth over £44 million in total.

Agent Million discusses their unique job on NS&I’s new YouTube channel  This month, NS&I’s Agent Million, who is responsible for personally delivering the good news each month to the Premium Bonds jackpot winner, distributed the 280th £1 million prize to a man from Cumbria with £30,000 invested.

On 6 April 2013 we made some changes to how NS&I Income Bonds work. The changes are part of our plans to make our range of savings and investments simpler and more modern.

We are pleased to announce the launch of the NS&I YouTube channel. Over the coming weeks, you will be able to explore a range of informative videos including impartial tips on how to organise and make the most of your money, interviews with industry experts, how to manage your finances online with NS&I and the story of our history and evolution.