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The Latest Breaking News from NSI

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

From analysis to the latest developments in health,
read the most diverse news in one place.

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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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

The Independent UK

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.

Evening Standard

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

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

The Independent UK

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.

Evening Standard

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 Independent UK

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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

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.

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

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news in one place.

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The Guardian - UK

New year money: 26 tools and apps to help you sort your finances in 2026

From cheaper shopping to tax and travel cash, there is a host of resources to help you out. We pick some of the best

Evening Standard

David, John, Michael and Susan among common names of Premium Bonds prize winners

Figures from NS&I show that since 2022, the name David has been the most common each year among people winning Premium Bonds prizes of £500 or more.

The Independent UK

The top 100 most common names for Premium Bond prize winners – from David to Shirley

Premium Bonds are entered into a monthly prize draw and every bond has equal chance of winning

International Business Times UK

Premium Bonds Boom After £1BN Government Demand Sparks Hopes of Bigger Tax-Free Prizes

Premium Bonds savers gain new hope as the Treasury raises NS&I's target by £1BN, fuelling speculation over prize fund rates and future tax-free payouts.

Evening Standard

Government-backed NS&I facing £3bn bill for four-year overdue digital revamp

The savings giant ‘underestimated’ the scale of the challenge for its digital transformation programme, according to the National Audit Office.

The Guardian - UK

NS&I increases interest rates on fixed-term savings accounts

Treasury-backed provider raises returns by up to 0.31 percentage points but experts say better deals are available

The Independent UK

Boost for savers as refreshed British Savings Bonds go on sale with higher rates

NS&I has hiked rates on its new issues of one, two, three and five-year versions of the bonds.

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