Britain’s largest building society has launched another savings lottery, giving those who lock at least £100 away for 18 months a one-time shot at winning £10,000. Launched a week after National Savings & Investments announced it would slash the number of non-£1million Premium Bond payouts from December as part of a range of cuts to … Read more
There are fears that a recent recovery in savings rates could be thrown into reverse after National Savings & Investments today took a wrecking ball to its accounts, with ‘absolutely savage’ cuts set to come into force in November. The Treasury-backed bank this morning announced that from December the odds of winning anything in the … Read more
Premium Bonds go paperless: NS&I will stop sending out prize cheques in the post to help reduce unclaimed winnings cases NS&I will completely phase out paper prize warrants after next February Savers will instead be told to provide their bank details and be paid by transfer 74% of NS&I customers have already gone paperless but … Read more
Family Building Society has brought back its Windfall Bond savings account which gives those with £10,000 a better chance at winning £50,000 than the Premium Bonds draw. But there is also the possibility no one could end up winning, unlike with NS&I’s Premium Bonds draw that doles out prizes each month. The Epsom-based mutual has … Read more
A two-tier licence fee that allows viewers to chose to upgrade to ‘premium’ television could be introduced as part of plans by new BBC boss Tim Davie, reports suggest. Hit shows such as Bodyguard, Normal People and Strictly Come Dancing could be among the series to be moved onto the premium rate. Meanwhile, staple BBC … Read more
One of the major attractions of owning Premium Bonds – apart from the chance of winning a monthly prize of between £25 and £1million – is that you can get back your money within eight working days. Or so I thought before recently attempting to withdraw my maximum holding of £50,000. Having to wait a … Read more
Another record month for Premium Bond buys meaning £8bn has poured in within five months – how long will it be until NS&I’s best buy rates are cut? Some £1.81bn worth of Premium Bonds were bought in July This is a record for the fifth successive month since the lockdown began Treasury-backed NS&I in July … Read more
Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below. M.C. writes: My dear wife passed away in February. She had £1,000 in premium bonds, so I wrote … Read more
Another record month for Premium Bond buys: Billions more are now in the draw – does it make the odds of winning a £1m jackpot far slimmer? Savers have poured billions of pounds into Treasury-backed NS&I since March The bank is effectively propping up savings rates and hoovering up billions There were 6.2bn £1 Premium … Read more
There has long been debate about supplements — whether they can boost your health by ‘supplementing’ the nutrients you get from food or whether they are merely expensive placebos. For the most part, experts agree that we should be getting our nutrients from a healthy balanced diet rather than pills: the exceptions are vitamin D … Read more