Breaking news
National Savings & Investments slashed Premium Bond payouts by more than £31million this month as it brought in hefty cuts to Britain’s best-loved savings product. There was little Christmas goodwill for savers from the Treasury-backed bank as it cut the number of tax-free prizes handed out in December’s draw by 1.1million compared to last month. … Read more
Fury as older Premium Bond savers ‘abandoned’: Tide of protest as savings giant NS&I moves to axe cheques and go online when its customer service is already in chaos NS&I wants to start paying all winnings directly into customer accounts It says cheques will be sent out only in the ‘most exceptional’ circumstances Customers must … Read more
Rishi Sunak defends public sector wage freeze saying state workers had a ‘7 per cent pay premium’ even BEFORE coronavirus hit and the gap is widening Rishi Sunak has defended public sector pay freeze next year in spending review Chancellor said there was a 7% ‘premium’ for state workers before the pandemic Mr Sunak insisted … Read more
Recreate the British Airways first class experience – at home! Carrier puts items from its premium cabins up for sale, from crockery and hot towels to ex-747 Champagne flutes, amid £5.4billion losses BA said you can ‘bring the magic of flying with BA into your own home’ For £12 you can buy the top-cabin hot … Read more
As cheques are axed, can you help get someone’s Premium Bonds sorted? Savers can now provide bank details without an email … but face long waits on the phone A fifth of November prize winners still chose to receive prize cheques by post But by next March the bank will have completely phased out paper … Read more
Recreate the British Airways first class experience – at home! Carrier puts items from its premium cabins up for sale, from crockery and hot towels to ex-747 Champagne flutes BA said you can ‘bring the magic of flying with BA into your own home’ For £12 you can buy the top-cabin hot towels (which obviously … Read more
Despite orders from the regulator to play fair, travel insurers are refusing full refunds for useless policies despite orders from the regulator to play fair. A Money Mail investigation today reveals that customers are being fobbed off by insurers after their holiday plans were cancelled during the pandemic. Ombudsman figures show complaints about travel insurers … Read more
SMALL CAP MOVERS: Retailer N Brown to leave premium listing for junior market in week of acquisitions By Giulia Bottaro At Proactive Investors For Thisismoney.co.uk Published: 14:39 GMT, 6 November 2020 | Updated: 14:39 GMT, 6 November 2020 British retailer N Brown is giving up its premium listing to enjoy the flexibility and tax benefits … Read more
National Savings & Investments delivered a crushing blow to savers last month when it announced deep cuts to a number of accounts, which will bite later in November. Some savers are set to go from earning a market-leading rate of 1.15 per cent interest each month to just 0.01 per cent, while holders of Britain’s … Read more
Premium Bond holders who do not use telephone or online banking cannot have prizes paid into bank accounts unless they have email address By Sylvia Morris For The Daily Mail Published: 00:37 GMT, 28 October 2020 | Updated: 00:37 GMT, 28 October 2020 Premium Bond holders who do not use telephone or online banking cannot … Read more