Latest news

Interest rate reduction on NS&I’s Direct Saver - due to NS&I forecasting it expects to exceed its Net Financing target range in 2011-12.

According to new data released today from NS&I’s Savings Survey, young males (aged 25-34 years) are among Britain’s most dedicated group of savers, putting away an average of £104 each month, well above the national average of £88.

The Commercial Secretary to the Treasury, Lord Sassoon, has appointed James Furse as Non-executive Director on the board of NS&I.

There were 43,194,250,299 eligible Bond numbers in the draw. For the January 2012 draw ERNIE paid out over 1.7 million prizes, together amounting to over £53 million in value.

NS&I today published its latest quarterly figures, for the second quarter (July-September 2011) of the financial year 2011-12.

Last minute „top-up‟ gifts are an expensive shopping habit for women at Christmas, with almost half (46%) going over their budget to add that little extra to their friends‟ and family‟s present pile, according to new data from NS&I.

For the December 2011 draw ERNIE paid out over 1.7 million prizes, together amounting to over £53 million in value. There were 42,926,631,440 eligible Bond numbers in the draw.

NS&I is launching a nationwide search to track down the winners of over 740,000 unclaimed Premium Bond prizes. The prizes are worth over £40 million in total, including one prize worth £100,000, one worth £50,000 and four £25,000 prizes.

NS&I has today started the procurement process for its new operational services contract. This follows the publication of a Prior Information Notice (PIN) in June 2011 and an Industry Day held for prospective suppliers in July.

NS&I today announced the latest stage in its programme to simplify and modernise its savings range, and to grow the number of customers transacting with it directly by post, phone and online.