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As part of our plans to simplify our range of savings and investments and to encourage customers to deal with us directly, on 27 July 2012 all NS&I Easy Access Savings Accounts were closed and any money left in these accounts were transferred to the Residual Account which are covered by the Residual Terms and Conditions.

Britons in relationships save around £800 more each year as a result of their partner’s influence, according to NS&I’s latest Savings Survey.

National Savings and Investments (NS&I) has appointed Rodney Norman as Director of Finance and Business Insight. He took up the post on 9 July 2012.

Britons are saving £87 each month, down from £100 last spring Almost a quarter (23%) of Britons are saving nothing each month, a rise from 17% last spring A quarter (25%) say they are less likely to save over the next three months NS&I’s latest Quarterly Savings Survey, published today (4 July 2012), shows savings levels have dropped over the last year, with a growing number of the population saving nothing each month. Over a third (37%) of savers don’t have enough savings to cope in…

For the July 2012 draw ERNIE paid out over 1.8 million prizes, together amounting to over £54 million in value. There were 43,733,876,374 eligible Bond numbers in the draw.

New research from NS&I identifies that, despite rising living costs, Britons are still losing track of their savings.

As the Queen commemorated her 60th year on the throne , another British institution reached a milestone: ERNIE, the Premium Bonds winning numbers generator, has just awarded his 250 millionth Premium Bonds prize. 

ERNIE, the Premium Bonds winning numbers generator, celebrates his 55th anniversary today (1 June 2012).

NS&I’s Investment Account becomes postal only with a new, improved interest rate of 0.75%.

For the May 2012 draw ERNIE paid out over 1.8 million prizes, together amounting to over £54 million in value. There were 43,546,384,150 eligible Bond numbers in the draw.