Changes to balance the interests of NS&I’s savers, taxpayers and the wider financial services marketplace.
National Savings and Investments (NS&I) is decreasing the interest rates on its variable savings offers by up to 0.25% per annum.
NS&I will give away five £1 million prizes in each of its two anniversary draws as part of the celebrations of 50 years of Premium Bonds. In both December 2006 and June 2007, there will be three extra jackpots as well as the usual two, giving customers five chances to win £1 million for two months only. Plus there will still be over a million other tax-free* prizes.