Government-backed National Savings & Investments (NS&I), which runs Premium Bonds and a variety of savings products, has today announced its Savings Certificates have been withdrawn from the market.
These saving products, which are linked to the inflation rate, have been withdrawn because sales “far exceeded” the level anticipated, said NS&I.
In the meantime, NS&I said it is [...]
Most Brits don’t get serious about putting money aside into a savings account until they reach age 25, according to a study by National Savings and Investments (NS&I).
Research by the savings provider found more than a fifth (22%) of UK consumers don’t start setting aside money until after their 30th birthday, while a further 13% [...]
Government-backed National Savings & Investments (NS&I), which runs Premium Bonds and a variety of savings products, is to launch a new savings account in March with an “attractive” interest rate.
The news will be welcomed by savers who have been suffering amid the historically low interest rate environment.
The financial crisis led to many British savers withdrawing [...]
UK consumers expect to have more spare cash to set aside for savings in the year ahead, new research has discovered.
A study by National Savings and Investments (NS&I) found over a quarter (27%) of Brits are more likely to save money in 2010 than they were in 2009.
Male savers are the most confident of being [...]
Brits are continuing to put money aside into savings accounts despite the recession, according to new research.
People are saving around 6% of their take-home income, a similar level to 2005, the survey by National Savings and Investments (NS&I) found.
Financial uncertainty and low interest rates have failed to change people’s savings habits, NS&I said.
The proportion of [...]
Government-backed National Savings & Investments (NS&I), which runs Premium Bonds and a variety of savings products, has unveiled a rise in the interest rates on some of its policies.
The news will be welcomed by savers who have been suffering amid the historically low interest rate environment.
NS&I said rates on its guaranteed growth bonds and [...]