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The Independent UK
The Independent UK
Albert Toth

NS&I savers missing out on £217m in lost accounts

Tens of thousands of savers are missing out on an average £5,000 as new data released by National Savings and Investments (NS&I) reveals the number of dormant accounts has skyrocketed.

Over £217m is being held in forgotten cash Isa accounts opened with the government-backed bank – up nearly five times from four years ago, when the figure sat at £36.7m.

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