Category : Search result: prize fund rate


NS&I Slashes Premium Bond Prize Fund Rate

NS&I has announced significant changes to Premium Bonds, reducing the prize fund rate from 1.00% to 0.95% starting in June 2024. Discover how this affects your chances of winning and what experts recommend for savers.

Top lawyer ousted in client fund misuse scandal

Prominent London solicitor James Donovan dismissed from PCB Litigation after allegedly misusing millions in client funds for luxury private jet travel, extravagant parties, and personal expenses in shocking financial misconduct case.

Pound crashes to 5-week low after Labour budget

Sterling tumbles to five-week low against US dollar as Chancellor Rachel Reeves's first budget announcement triggers market concerns over UK economic stability and potential tax increases.

Norway Wealth Fund Rejects Musk's £44bn Tesla Pay Deal

In a dramatic shareholder revolt, Norway's massive sovereign wealth fund has voted against Elon Musk's controversial compensation package, dealing a significant blow to the Tesla CEO ahead of the company's annual meeting.

Why You Don't Need a Massive Rainy Day Fund

Leading consumer expert reveals why traditional emergency fund advice is outdated and how smarter financial strategies can protect you without draining your savings.

First Guardian and Master Trust Create UK Pension Giant

In a landmark move for UK retirement security, First Guardian and the Master Trust join forces to create Britain's biggest pension consolidation fund, promising enhanced returns and stability for millions of members.

HSBC sued for £1bn over Madoff fund collapse

Global banking giant HSBC confronts massive legal action from investors who lost millions in Luxembourg-based fund Herald Luxembourgh, connected to Bernie Madoff's Ponzi scheme.

Russia's population crisis deepens with 2M loss

New statistics reveal Russia's population has dropped by over 2 million since 2021, with deaths significantly outnumbering births as Putin's war and economic pressures create a perfect demographic storm.

Welsh wool art wins prestigious Artes Mundi prize

Scottish artist Alberta Whittle triumphs at Artes Mundi 10 with her poignant installation celebrating Welsh wool heritage, blending activism with textile artistry in Cardiff exhibition.

Australia's $10bn housing crisis fix as ownership plummets

The Australian government announces a landmark $10 billion housing package as new data reveals home ownership is becoming a distant dream for millions. Exclusive analysis shows the true scale of the affordability crisis gripping the nation.

UK aid cuts jeopardise global disease fight

Britain's dramatic reduction in foreign aid funding is jeopardising vital health programmes worldwide, with experts warning of devastating consequences for disease control efforts.

Civil servant wins £1 million in Omaze draw

A dedicated civil servant from Westminster has become an overnight millionaire after winning the life-changing Omaze prize draw, securing a stunning £1 million windfall that will rewrite his family's future.

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