GgoogleGB first seen 13 d ago, last 11 h ago, peak #1
NS&I raises savings rates as UK borrowing hits £3trn
Original: savings
UK government-backed savings provider NS&I has increased interest rates across several accounts, putting a new issue of Green Savings Bonds on sale and raising the rate on a popular savings account. The moves come as UK borrowing climbs to £3 trillion, the IMF urges tax rises targeting pensions or welfare rather than banks, and a looming tax rise unsettles bankers. Commentators question whether NS&I can attract savers with its new fixed-rate bond.
Why now: Rising savings rates and record government borrowing are converging in the news, prompting savers to compare where to put their money.
NS&IUK TreasuryIMFJohn HealeySky News
Rank over time, top of the chart is #1. 4 snapshots from 11 h ago to 11 h ago.
Evidence
- UK borrowing hits £3trn in blow to budget; new state pension amounts from next April confirmed | Money blog · Sky News
- Swerve NS&I's new fixed rate bond unless green saving is your aim: SYLVIA MORRIS · This is Money
- NS&I puts new issue of Green Savings Bonds on sale with increased rate · Yahoo Finance UK
- NS&I increases interest rate on popular savings account · GB News
- Can NS&I bring savers on board? · Investors' Chronicle
- BBC Three, BBC Scotland and Radio 4 Extra broadcast channels to close · BBC
- Target pensions or welfare, not banks, IMF tells John Healey · The Guardian
- Looming UK tax rise puts bankers on edge · Financial Times
- The best savings rates on the market – and why experts warn you should fix now · The i Paper
- NS&I increases rates on British Savings Bonds in major boost to savers · Yahoo Finance UK
Elsewhere
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