Here’s the latest on NS&I based on recent public updates:
- NS&I has been in the headlines due to compensation discussions for bereaved families affected by tracing failures in some accounts. Reports indicate families may be entitled to compensation as government-backed NS&I addresses past issues.[1]
- There have been notable updates to NS&I product rates: in April–May 2026, NS&I issued higher fixed-term British Savings Bonds and Green Savings Bonds with increased rates, and overall interest rates for selected products rose, plus Green Savings Bonds were reintroduced at a 3.82% gross/AER fixed rate for a three-year term.[2]
- NS&I’s annual and broader modernization efforts continue to unfold behind the scenes. The government’s NS&I annual reporting notes ongoing modernization work with partners to replace a multi-decade single-supplier model, aiming to deliver updated mobile and online services and customer support enhancements.[3]
If you’d like, I can pull the most current articles from specific outlets (e.g., government or major financial press) and summarize their key takeaways with dates and potential implications for savers. I can also track changes to Premium Bonds odds and prize fund rates if you’re evaluating NS&I as part of a savings strategy.
Sources
ns&i Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. ns&i Blogs, Comments and Archive News on Economictimes.com
economictimes.indiatimes.comThe families of savers who died could be entitled to compensation after the Treasury-owned bank failed to pay out almost £500 million
www.thetimes.comHome page
www.nsandi-adviser.comMoneySavingExpert NS and I articles
www.moneysavingexpert.comNew Issues of fixed-term British Savings Bonds (Guaranteed Growth, and Guaranteed Income Bonds) go on sale today with increased interest rates Rates increased for all terms: 1, 2 ,3 and 5-year bonds Products Rate changes Issue 8 of Green Savings Bonds has gone on sale today at a fixed-rate of 3.82% gross/AER over a three-year fixed-termMoney invested in Green Savings Bonds helps finance green projects as part of the UK Government Green Financing FrameworkFunding raised is outside of NS&I’s Net...
nsandi-corporate.comIn December 2023, we announced that IBM will deliver mobile and online services to our customers and integration services to connect our new multi-supplier model. We also announced that Sopra Steria will deliver our customer contact centres including all ‘back office’ operations. It has been great to commence working with our new partners to transform NS&I. However, modernisation of our systems is a complex process. We are seeking to modernise a 25-year single supplier model and bring together...
www.gov.ukGet to know NS&I better by visiting our blog! Discover our latest news, stories, and tips on how we can help you and your family save.
www.nsandi.comNS&I (National Savings and Investments), a state-owned savings bank in the UK, offers Premium Bonds and a range of other savings and investments, including Direct Saver. NS&I is a non-ministerial department.
www.gov.ukHome page
www.nsandi-adviser.com