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Premium Bonds - NUMBER 10 Petition
sash1990
Posts: 3 Newbie
As bond-holders are investing their money with the British Government in a recession, their chances of winning should be increased greatly.
Join the number 10 petition.
As I am a new USER I cannot post links so just type in
petitionsdotnumber10dotgovdotuk/premiumbonds2009*
*This aint spamming as this is an official government website.
Join the number 10 petition.
As I am a new USER I cannot post links so just type in
petitionsdotnumber10dotgovdotuk/premiumbonds2009*
*This aint spamming as this is an official government website.
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Comments
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Why just Premium Bonds? Why not other government investments like NS&I savings, gilts etc?
Just another badly thought out petition, especially as it won't be done till May 10, by which time we hope the recession it refers to will really be over, so it will be irrelevant!0 -
Why just Premium Bonds? Why not other government investments like NS&I savings, gilts etc?
Just another badly thought out petition, especially as it won't be done till May 10, by which time we hope the recession it refers to will really be over, so it will be irrelevant!
Recession or not, I feel that we do not get enough out of Premium Bonds - so I do think it is relevant.0 -
Don't forget the country is practically bankrupt so the gov't can't really afford more prizes at the moment. I wouldn't be surprised if they stop paying out altogether. Plus they don't want us to save but SPENDIf you will the end, you must will the means.0
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Don't forget the country is practically bankrupt so the gov't can't really afford more prizes at the moment. I wouldn't be surprised if they stop paying out altogether. Plus they don't want us to save but SPEND
A basic rule in rewards/prizes is the 'Carrot on a stick'. If the government increase prizes then the number of bond-holders will increase. This will not just benefit the saver but the treasury/government/country.0 -
A basic rule in rewards/prizes is the 'Carrot on a stick'. If the government increase prizes then the number of bond-holders will increase. This will not just benefit the saver but the treasury/government/country.
I agree - you talk sense. But you're not the Prime Minister unfortunately
If you will the end, you must will the means.0 -
What you seem to not realise is that premium bonds are just really another device the government uses to raise funds. As such, they're not going to pay more unless they really have to and at the moment they don't. There are numerous other sources of cash they can draw on before even considering increasing the attractiveness of premium bonds to get more money via that route. It is in the interests of us as taxpayers that government don't pay any more for the money they need than is necessary.
If sash thinks "we do not get enough out of Premium Bonds" there is a simple solution; put your money elsewhere.0 -
A basic rule in rewards/prizes is the 'Carrot on a stick'. If the government increase prizes then the number of bond-holders will increase. This will not just benefit the saver but the treasury/government/country.
100% backed by HM Treasury, so as secure as sterling itself - That's a f###ing huge carrot0 -
As bond-holders are investing their money with the British Government in a recession, their chances of winning should be increased greatly.
Join the number 10 petition.
As I am a new USER I cannot post links so just type in
petitionsdotnumber10dotgovdotuk/premiumbonds2009*
*This aint spamming as this is an official government website.
:rotfl::rotfl::rotfl::rotfl:
What is this
What about a petition to cancel Daren Fletchers red card, it should have only been a booking at most :mad:'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
As always with this sort of petition, where would you like the extra revenue to come from to offset the increased prizes?
A better question would be "why do you have money in Premium Bonds at all?"I am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.0 -
Where would the money come from?A basic rule in rewards/prizes is the 'Carrot on a stick'. If the government increase prizes then the number of bond-holders will increase. This will not just benefit the saver but the treasury/government/country.
Do you really think it would be good for the country if there was a rush from the banks and building societies in to Government savings plans?
There is only a fixed amount of money in savings accounts in the UK and increasing the returns on premium bonds would not increase the amount of capital saved in the UK.
In reality your idea would increase the risks of banks collapsing and savers losing their money - which would most certainly not benefit the treasury/government/country.
It's almost worth a petition to get your naive petition removed.
Why on earth would you book the lad for making a great tackle?What about a petition to cancel Daren Fletchers red card, it should have only been a booking at most :mad:0
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