Premium Bonds £1bn Boost: How NS&I’s New Budget 2025 Target Could Change Interest Rates for Savers
Chancellor Rachel Reeves raised National Savings & Investments’ net financing target for 2025–26 by £1 billion to £13 billion in the Autumn Budget. NS&I has collected £3.9 billion so far this year, leaving over £9 billion to raise. The move has sparked speculation about possible increases in Premium Bonds prize rates or savings interest. NS&I’s total savings stock stands at £243.9 billion.