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Autumn Statement 2016: Government announces launch of NS&I saving bond
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MSE_Luke
Posts: 295 MSE Staff
Philip Hammond has announced a new three-year Government-backed investment bond...
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'Autumn Statement 2016: Government announces launch of NS&I saving bond'
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'Autumn Statement 2016: Government announces launch of NS&I saving bond'
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
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Comments
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2.2% on £3000 is quite attractive, but next Autumn when everyone has invested and has their money locked in, the Chancellor may cut the interest rate retrospectively to 1.2% or less. After all, this government has done it before with the threshold on student loan repayments. Perhaps this new bond is another scheme where the government plans to screw us over once we are financially committed.
#worsethanapaydaylender0 -
Your colleague has already created a thread on this subject within this section - or am I missing something?0
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Another thread? Is WASPI connected with this bond in some way?0
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