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Evening Standard
Evening Standard
Vicky Shaw

More Premium Bond cuts on the horizon, says finance expert

Bond NSI
NS&I is expected to raise a total of £10.5 billion in 2024/25 (Gareth Fuller/PA) - (PA Archive)

Savings giant NS&I recorded a bumper net inflow of £5.5 billion between October and December 2024, leading one finance expert to suggest that more Premium Bond cuts could be in the pipeline.

The Treasury-backed provider is set a net financing target, which for the current financial year (2024/25) is £9 billion, with a margin of plus or minus £4 billion.

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