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Chancellor announces 2.2% government-backed savings bond


Maximum investment of £3,000 in bond to be offered by National Savings & Investments from spring 2017Savers desperate for a better return on their cash will be able to take out a new “market-leading” government-backed savings bond paying around 2.2%, the chancellor, Philip Hammond, has announced.The government expects about 2 million people to snap up the bond, which will be offered by National Savings & Investments from spring 2017 and will be for savers willing and able to tie up their money for three years. Continue reading…

Source : theguardian.com
Read more…Chancellor announces 2.2% government-backed savings bond

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