State-backed banking tops the charts as high street offers plummet

State-backed banking tops the charts as high street offers plummet

Even a few months ago, if you had revealed plans to stash your cash in premium bonds, you might have been asked if you were feeling OK.

After years of creeping cuts to prize money, they were far from the top choice for savvy savers. But that was then, and the world has been turned on its head.

By April, as savings rates started to slide in response to the economic fallout from Covid-19, more…

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