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NS&I today announced that it was reducing the interest rate on its Direct ISA by 0.25% to 1.50% tax-free/AER. This change will come into effect from 27 February 2014.

In today’s Autumn Statement, the Chancellor announced that NS&I’s Net Financing target for 2013-14 is to be revised. NS&I’s original target for 2013-14 was £0 (in a range of £2 billion either side of this, from -£2 billion to £2 billion).

For the December 2013 draw ERNIE paid out over 1.7 million prizes, together amounting to over £50 million in value. There were 46,776,231,900 eligible Bond numbers in the draw.

The latest NS&I Quarterly Savings Survey out today reveals that over one in four Britons (27%) with an emergency fund have broken into it when they didn’t have to.

For the November 2013 draw ERNIE paid out over 1.7 million prizes, together amounting to over £50 million in value. There were 46,509,225,893 eligible Bond numbers in the draw.

For the October 2013 draw ERNIE paid out over 1.7 million prizes, together amounting to over £50 million in value. There were 46,358,032,188 eligible Bond numbers in the draw.

NS&I has today, 25 September 2013, invited financial advice firms to respond to a tender to provide their services to winners of the monthly Premium Bonds £1 million jackpot prize.

NS&I today announced changes to its Income Bonds. The changes are part of the final stage of NS&I’s programme to simplify and modernise its savings range, and to grow the number of customers transacting with it directly by post, phone and online.

For the September 2013 draw ERNIE paid out over 1.7 million prizes, together amounting to over £50 million in value. There were 46,195,203,963 eligible Bond numbers in the draw.

NS&I’s latest Quarterly Savings Survey reveals an end to recent behaviour where women have saved a greater proportion of their income than men.