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Evening Standard
Evening Standard
Henry Saker-Clark

NS&I expected to announce compensation payouts for thousands of customers

The total number of Premium Bond prizes in April will fall (NS&I/PA) -

National Savings and Investments (NS&I) is expected to announce hundreds of millions of pounds worth of compensation after issues managing the money of thousands of customers.

The Government-backed bank has held talks with the Treasury over repaying about 37,000 savers whose funds have been affected by failures.

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