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The Latest Breaking News from NSI

Royal Mail pension scheme contract terminated after ‘failure to deliver numerous milestones’

The Government will do all it can to ensure continuity of service, Royal Mail pensioners were assured

The Independent UK

NS&I puts Green Savings Bonds back on sale with an increased rate

Money invested in Green Savings Bonds helps to raise funds for green projects as part of the UK Government Green Financing Framework.

Evening Standard

NS&I puts Green Savings Bonds back on sale with an increased interest rate

Money invested in Green Savings Bonds helps to raise funds for green projects as part of the UK Government Green Financing Framework

The Independent UK

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Force hits out at those ‘attempting to destroy reputations’ in Letby probe

Cheshire Constabulary’s words came after former cabinet minister Sir David Davis criticised their handling of the case.

Evening Standard

Will I be able to get NS&I compensation due to missing Premium Bonds?

IN FULL

The Independent UK

What caused the NS&I missing savings errors and what to do if you’re affected

The state-owned savings bank owes nearly £500m to bereaved family members due to a long-running administrative problem* NS&I boss replaced as bank faces record payout over missing savings

The Guardian - UK

Woman tells of six-year wait to receive Premium Bonds after father’s death

Tracy McGuire-Brown said that to make the process ‘so difficult and so insensitive is just appalling’.

Evening Standard

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Am I eligible for NS&I compensation after Premium Bonds scandal?

Up to £476 million in deposits was affected

The Independent UK

NS&I chief executive leaves job after £470m missing Premium Bonds controversy

IN FULL

The Independent UK

NS&I boss leaves Premium Bonds bank over £470m missing savings scandal

Former HMRC boss Sir Jim Harra will replace Dax Harkins as the chief executive of NS&I to ‘provide a fresh start’

The Independent UK

NS&I faces paying hundreds of millions of pounds over bereaved families blunder

The Treasury-backed provider has found an issue where the estates of deceased customers were not always repaid money from all of their accounts.

Evening Standard

NS&I boss forced out as bank faces £470m payout over missing savings

Pensions minister promises the ‘full truth’ as external advisers are hired to identify the scale of the errors

The Guardian - UK

New figures show 13 million in poverty in UK including four million children

Households where income is less than 60% of the median national average, after housing costs, are considered to be living in poverty.

Evening Standard

NS&I faces £400million compensation payout over savings scandal as 'prizes withheld from bereaved families'

The bank is accused of losing track of investments and delaying payments - and taxpayers could end up footing the compensation bill

Evening Standard

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The Independent UK

NS&I due to pay millions to customers over savings error

IN FULL

The Independent UK

Premium Bonds bank NS&I set to pay out millions over missing savings blunder

Treasury-backed savings giant has apologised after more than 35,000 thought to be affected

Evening Standard

NS&I expected to announce compensation payouts for thousands of customers

NS&I could pay as much as £400 million to affected customers, according to reports.

The Independent UK

The changes to big money Premium Bond prizes coming in for April’s draw

The estimated number of £1 million prizes is set to remain unchanged in April, at two

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news in one place.

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The Independent UK

Are Premium Bonds still worth it with another prize cut and worse odds coming in April?

Most people could earn better rates by taking their savings out of Premium Bonds

Evening Standard

Number of big money Premium Bond prizes set to fall from April draw

The number of £100,000, £50,000 and £25,000 Premium Bond prizes available to win is expected to fall from the April draw, following changes from NS&I.

The Independent UK

Premium Bonds owner NS&I slammed after spending £3bn of taxpayer money on ‘full-spectrum disaster’

Around 25m people have money in NS&I, primarily across the monthly bonds prize draw

The Guardian - UK

Attempt to modernise NS&I has been a ‘full-spectrum disaster’, MPs find

Spending watchdog says state-owned bank exposed taxpayers to ‘unacceptable risk’ as cost spiral to £3bn

The Independent UK

Three-quarters of pensioners miss out on £1,300 payment they don’t know they’re entitled to

Fewer than one in four who are eligible for council tax reductions are claiming it

The Independent UK

NS&I hit savers again with British Savings Bonds rate cut

The savings provider said the changes will help it continue to balance the interests of savers, taxpayers and the broader financial services sector

Evening Standard

NS&I chops British Savings Bonds rates

The savings provider said the changes will help it continue to balance the interests of savers, taxpayers and the broader financial services sector.

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