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The Latest Breaking News from NSI

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

The bank’s interim chief executive says ‘this issue should never have happened’, but warns it may take time to process claims

The Guardian - UK · May 19

NS&I to start contacting bereaved families following missing savings blunder

Payments to affected estates will run over the coming months and are expected to conclude in the first half of 2027, the savings provider said.

Evening Standard · May 19

NS&I to return millions of pounds to families after Premium Bonds tracing scandal

Savings provider revealed payments to affected estates will run over the coming months and are expected to conclude in the first half of 2027

The Independent UK · May 19

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NS&I Premium Bonds rate increases – what’s your chances of winning?

IN FULL

The Independent UK · May 14

Premium Bonds prizes raised by NS&I - but how do they compare with the best savings accounts?

NS&I still playing market catch-up as interest rates rise

The Independent UK · May 14

Boost for Premium Bonds holders as odds of winning set to improve

Premium Bonds provider NS&I has also increased some savings rates

Evening Standard · May 14

Review will check if investment firms offer bereaved customers adequate support

The FCA will look at the experience customers have from when firms are told about a bereavement, through to the settlement or transfer of investments.

Evening Standard · May 13

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Tell us: are you caught up in the NS&I lost funds issue?

If you’re affected by the National Savings and Investments lost funds scandal, we would like to hear from you

The Guardian - UK · May 5

Premium Bonds reveals latest prize draw results – check if you won

IN FULL

The Independent UK · May 1

NS&I puts new issues of British Savings Bonds on sale with higher rates

The provider said the rate increases reflect market changes, with a finance expert describing NS&I’s new one-year deal as ‘particularly strong’.

Evening Standard · Apr 28

Royal Mail pension scheme contract terminated after ‘failure to deliver numerous milestones’

The Government will do all it can to ensure continuity of service, Royal Mail pensioners were assured

The Independent UK · Apr 22

NS&I puts Green Savings Bonds back on sale with an increased interest rate

Money invested in Green Savings Bonds helps to raise funds for green projects as part of the UK Government Green Financing Framework

The Independent UK · Apr 8

NS&I puts Green Savings Bonds back on sale with an increased rate

Money invested in Green Savings Bonds helps to raise funds for green projects as part of the UK Government Green Financing Framework.

Evening Standard · Apr 8

Force hits out at those ‘attempting to destroy reputations’ in Letby probe

Cheshire Constabulary’s words came after former cabinet minister Sir David Davis criticised their handling of the case.

Evening Standard · Mar 27

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The Independent UK · Mar 26

Will I be able to get NS&I compensation due to missing Premium Bonds?

IN FULL

The Guardian - UK · Mar 26

What caused the NS&I missing savings errors and what to do if you’re affected

The state-owned savings bank owes nearly £500m to bereaved family members due to a long-running administrative problem* NS&I boss replaced as bank faces record payout over missing savings

Evening Standard · Mar 26

Woman tells of six-year wait to receive Premium Bonds after father’s death

Tracy McGuire-Brown said that to make the process ‘so difficult and so insensitive is just appalling’.

The Independent UK · Mar 26

Am I eligible for NS&I compensation after Premium Bonds scandal?

Up to £476 million in deposits was affected

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The Independent UK · Mar 26

NS&I chief executive leaves job after £470m missing Premium Bonds controversy

IN FULL

The Independent UK · Mar 26

NS&I boss leaves Premium Bonds bank over £470m missing savings scandal

Former HMRC boss Sir Jim Harra will replace Dax Harkins as the chief executive of NS&I to ‘provide a fresh start’

Evening Standard · Mar 26

NS&I faces paying hundreds of millions of pounds over bereaved families blunder

The Treasury-backed provider has found an issue where the estates of deceased customers were not always repaid money from all of their accounts.

The Guardian - UK · Mar 26

NS&I boss forced out as bank faces £470m payout over missing savings

Pensions minister promises the ‘full truth’ as external advisers are hired to identify the scale of the errors

Evening Standard · Mar 26

New figures show 13 million in poverty in UK including four million children

Households where income is less than 60% of the median national average, after housing costs, are considered to be living in poverty.

Evening Standard · Mar 26

NS&I faces £400million compensation payout over savings scandal as 'prizes withheld from bereaved families'

The bank is accused of losing track of investments and delaying payments - and taxpayers could end up footing the compensation bill

The Independent UK · Mar 26

NS&I due to pay millions to customers over savings error

IN FULL

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