Premium Bond prizes of £1.8million lie unclaimed because winners have died or forgotten about them. Figures show 64,225 people have each lost out on up to £5,000 in the last five years. Now bond holders are being urged to check the National Savings & Investments website to see if they’ve won. The £1,760,689 unclaimed is five per cent of the £35,129,475 scooped since 2013. In that time there has been a single winner of the top monthly prize of £1million and three £50,000 winners who matched numbers generated randomly by computer Ernie. An NS&I spokesman said people could check on nsandi.com, the prize checker app, Amazon Alexa using their Premium Bond holders account number – or by writing to the address on the site. Winners of £5,000 or more are contacted directly. Last month saw the first draw using a new Ernie, which generated three million winning numbers in just 12 minutes, compared to the 10 days the original machine took to … [Read more...] about Premium Bond prize winnings worth £1.8 million unclaimed in last five years
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POUND sterling has been consolidating against the Euro and Dollar ahead of the weekend as the Brexit process rumbles on. It came after Parliament gave Theresa May the go-ahead to forge on with Brexit negotiations. Here's the latest on how it's affecting your cash. What is today's pound to euro exchange rate? On February 1 the pound was trading at 1.1395 against the euro. The pound fell 0.7 percent on January 29 after lawmakers voted to demand Theresa May renegotiate the terms of Brexit but rejected an amendment that would have postponed Britain's scheduled March 29 departure. However, an amendment that stipulated averting a no-deal Brexit did pass, and analysts said risks of a chaotic Brexit had risen only slightly. Goldman Sachs, for example, put the chances at 15 percent compared with an earlier 10 percent forecast. A weaker pound is better for British exports - but imports will cost more, potentially driving up inflation. It also means your money doesn't stretch as far when going … [Read more...] about Pound to euro exchange rate – what’s the latest rate as Brexit looms
BRITS are missing out on up to £77billion that's sitting in forgotten accounts, research has revealed. The money has been left in places such as bank accounts and pensions as well as unclaimed lottery wins and lost insurance policies, but there are ways to claim back your share, even years later. Carl Drummond, senior wealth planner at life insurance company Sanlam UK, has shared his best tips with The Sun. If you think some of the forgotten money could be yours, the seven steps and places below are your best chances of getting an unexpected boost to your piggy bank.Old bank and building society accounts As we're less loyal to banks and building societies, this has increased the risk of losing money as we switch. In fact, there is around £850million sitting unclaimed in British accounts, according to the Money Advice Service. Luckily, it's easy to check using the free online service called My Lost Account. It covers over 30 banks and all 44 UK building societies and it … [Read more...] about Up to £77BILLION sitting in forgotten accounts – how to claim back your share
It's safe to say that 2018 was a slightly brighter year for savers. You might only need to offer 1.5 per cent to top the savings tables, but rates nudged higher thanks largely to enhanced competition and a base rate rise. In our round-up of expert predictions at the beginning of the year, we said there were grounds for optimism – and that has borne fruit. We've seen Marcus launch with a best buy easy-access rate which shook up the market and challengers upping their battle when it comes to fixed-rate accounts. Meanwhile, the Bank of England base rate inched higher to 0.75 per cent after nearly a decade of being 0.5 per cent or lower. Higher rates? Could 2019 see savings rates increase - we reveal all However, consumer prices Index inflation now sits at 2.3 per cent, making it still tricky for savers to obtain a return that surpasses this – although it can be done with fixed-rate accounts. In the Budget, we found out that Isa limits will not rise with inflation … [Read more...] about Will savings rates continue to nudge higher in 2019?
Over the last two decades news headlines have marked the decline of high street shops and community services, but one Harrogate village store and Post Office is defying all the trends. Owners of the Dale Stores in Birstwith, Matthew and Andrea Walwyn took over the shop and Post Office in 2006. leaving behind the hectic 9-5. Matthew said: “Andrea was a managing director of a catering company, and I was in manufacturing, working with the major supermarkets.“We both had hectic jobs and it wasn’t much fun, so in 2006 we packed it all in and decided to run a village shop. “We have a passion for local food and because I had spent so much time working with the supermarkets I wanted to create a point of difference from them. “In my view they were becoming far too powerful in terms of prices and bullying suppliers so it was a fight back against that kind of attitude.“We filled our shop with locally sourced produce and things we wanted to see in a nice … [Read more...] about Here’s how this Harrogate village Post Office is defying high street decline and is ‘busier than ever’