NS&I savers ‘may need to be braced for less generous rates’
by Vicky Shaw
Nov 23, 2023
2 minutes
Savers may need to brace themselves for less generous rates on NS&I accounts, an expert has suggested, as the Government-backed provider has already reached its fundraising target for the tax year.
Figures released by NS&I, which also provides Premium Bonds, showed it delivered £7.7 billion of net financing in the second quarter of 2023/24, bringing its half-year total to £9.8 billion.
Its net financing target
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