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The Guardian - UK
The Guardian - UK
Business
Zoe Wood

NS&I to contact bereaved families owed £367m after missing savings scandal

The NS&I logo is surrounded by British coins
NS&I holds more than £240bn on behalf of more than 24 million customers. Photograph: Russell Hart/Alamy

National Savings and Investments bank will start to contact thousands of families affected by a missing savings scandal next week, as it confirmed how much they are owed.

In March, the chief executive of the state-backed bank was forced out after it emerged there had been long-running problems with the tracing of accounts belonging to customers who had died.

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