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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Reeves rejects parts of Trump’s economic agenda before talks with Bessent
SummaryUK Chancellor Rachel Reeves has dismissed key components of Donald Trump's economic policies ahead of her meeting with US Treasury Secretary Scott Bessent, emphasizing the UK's commitment to an open global economy. While acknowledging the need to address global trade imbalances, Reeves stressed the importance of reducing trade barriers and supporting multilateral institutions, differing from Trump's approach. She aims to negotiate a UK-US trade deal to lower tariffs on British exports, while addressing regulatory challenges...
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