Could Premium Bonds be cut? £20bn has been poured in over the last year

Britons with more money to save over the last 12 months have piled £20billion into Premium Bonds since the first full month of lockdown last year, new figures from National Savings & Investments revealed today. The latest prize draw results from the Treasury-backed bank said there were 109.2billion eligible bonds in this month’s draw, which … Read more

Just 920,000 savers hold more than £2 in every £5 held in Premium Bonds

More than £2 in every £5 saved into Britain’s best-loved savings product has been provided by fewer than 1million savers, This is Money can reveal. Despite 21.4million savers collectively holding £107.4billion in Premium Bonds at the start of this month, £46.1billion of that is held by just 920,000 people who hold the maximum £50,000, according … Read more