Good news arrived yesterday for the 22 million-plus holders of Premium Bonds who will get one of the biggest boosts in the 70-year history of the cash prizes.
It’s no surprise – National Savings & Investments is desperate for our money.
Earlier this month, I predicted that the Government-owned bank would have no choice but to boost its Premium Bond prize rate and the amount it pays on its fixed-rate bonds and easy-access accounts.
NS&I has been tasked by the Government to bring in an extra £15billion – plus or minus £4billion – in the year from April 1.
It is way behind this
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