NS&I cancelled planned rate reductions earlier this year following the coronavirus pandemic, however cuts to interest rates were later announced. These are set to come into effect this month - affecting savings options including Income Bonds and Premium Bonds.
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NS&I is slashing interest rates this month - 'surprise' as 'derisory interest rate' looms
![NS&I is slashing interest rates this month - 'surprise' as 'derisory interest rate' looms]()
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