Every month, the Premium Bonds winning numbers are announced, giving savers the chance to win cash prizes ranging from £25 to £1 million. With 24 million participants and over £127bn banked in the government-backed savings scheme, the odds of winning are 22,000-to-one. Despite a 4% ‘interest rate’ when considering all winnings, most savers will not see significant returns, as many UK savings accounts offer higher and more consistent interest rates.
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EU prepares vote on countermeasures against US tariffs
EU member nations are set to vote on countermeasures against U.S. tariffs on steel and aluminum on April 9, pending a qualified majority approval. The European Commission proposed imposing tariffs on 26 billion euros worth of U.S. goods in response to President Trump's trade policies, lifting temporary suspensions and reinstating all tariffs by April 13. EU chief Ursula von der Leyen emphasized the need to protect consumers and businesses amid escalating trade tensions between the...
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