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United Kingdom · Question · Written question

UIN 10160

Premium Bonds: Prize Money

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

4 June 2021

Last action

9 June 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

9 June 2021

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the financial impact on savers with a National Savings and Investments (NS&I) account after the reduction of the premium bond prize fund rate from 1.4 per cent to 1 per cent in Decembe

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Timeline

  1. 4 June 2021

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the financial impact on savers with a National Savings and Investments (NS&I) account after the reduction of the premium bond prize fund rate from 1.4 per cent to 1 per cent in Decembe

    Source: Commons

  2. 9 June 2021

    Answer

    In setting interest rates for its products, NS&I must balance the interests of savers, taxpayers and the broader financial services sector. With unprecedented Government funding requirements in 2020 due to Covid-19 pandemic measures and amid significant u...

    Source: Written answer

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