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NS&I makes major change to Premium Bonds rules in blow to savers | Personal Finance | Finance
NS&I has announced it is reducing the Premium Bonds prize fund rate to 3.30% with effect from its April 2026 draw. The change lowers the rate to 3.60% and lengthens the odds for each £1 bond to 23,000 to 1 from 22,000 to 1.The Premium Bonds prize fund rate was last changed in August, and the odds in December 2024. Andrew Westhead, NS&I Retail Director, said: “This change to the Premium Bonds prize fund rate and odds reflects changes in the wider savings market, and ensures we continue to balance the interests of savers, taxpayers and the wider financial services sector.”Mr…
A TikTok financial guru has shared five steps to take as soon as you get paid02:31, 24 Feb 2026Updated 07:28, 24 Feb 2026Achieve long-term financial stability thanks to these expert tips(Image: (c)2024 Tang Ming Tung)Pay day doesn’t just mean an opportunity to treat yourself, it’s a chance to take control of your financial future. With the rising cost of living and continuing uncertainty in the economy, putting your pay check to work wisely matters more now than ever before.That’s the message from money expert Faro going viral on TikTok under the handle @financebyfaro. He breaks down a simple and easy-to-follow…
Palantir is growing fast and printing profits, but the stock is still priced for years of near-perfect execution.Shares of artificial intelligence data platform specialist Palantir Technologies (PLTR 1.37%) have fallen hard in the early 2026 software sell-off. As of this writing, the stock is down about 27% year to date. That kind of pullback can create opportunities. But not every stock’s sell-off is an overreaction. Some may make sense, as a decline can also represent the market backing away from an assumption that got too aggressive. In other words, some stocks may simply be rerating lower to more appropriate valuations…
Clarity versus opacity—Skilling CEO sees traders demanding more transparency.“Traders don’t need promises, nor do they need brokers to reinvent the wheel; they just need more clarity on spreads, brokerage fees, and the right tools to navigate market uncertainty” – George Kyriakoudes, Skilling CEO.Scandinavian-founded forex and CFD trading brokerage firm Skilling has a simple vision: to unlock the potential of the world’s markets. The broker is well known for providing competitive trading conditions and communicating in a way that respects traders’ time: clear, honest, and easy to understand.What does this mean for traders?“Radical transparency is part of all our…
Date announced for prize and odds change to come in as bosses say it ‘reflects changes in the wider savings market’10:10, 24 Feb 2026Updated 17:49, 24 Feb 2026NS&I has said it is reducing prize fund rate and lengthening odds for Premium Bonds(Image: PA)People with Premium Bonds have been given bad news as NS&I has this morning announced a major change to prize rates and the odds of winning. NS&I is reducing the Premium Bonds prize fund rate to 3.30% with effect from the April 2026 draw, down from 3.60%.At the same time the odds for each £1 Bond will lengthen…
Samsung Heavy Industries announced on the 24th that its operating profit in the first quarter (January to March) increased by 58% compared to the first quarter of last year, despite a decrease in … Source link
Micrographs showing ruthenium wires tested as replacements for copper interconnects. Ruthenium wires, shown here from above (left) and in cross section (center and right), are resilient and have good electrical resistance. Credit: Imec To continue improving computing performance, engineers must not only develop new transistors and memory cells but also reconsider the humble wire. The copper wires connecting components in today’s chips are being pushed to their limits, with increasingly narrower connectors carrying heavier currents. In a couple generations of chips, the smallest of these copper wires will be pushed literally to their breaking point. Last week at the annual…
Essential Utilities (NYSE:WTRG) is preparing to release its quarterly earnings on Wednesday, 2026-02-25. Here’s a brief overview of what investors should keep in mind before the announcement.Analysts expect Essential Utilities to report an earnings per share (EPS) of $0.38.Essential Utilities bulls will hope to hear the company announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).Performance in Previous EarningsDuring the last quarter, the…
A lower-than-expected Q1 forecast could be weighing on Kratos Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) stock is down 8.7% to trade at $86.06 this morning, the defense contractor brushing off an adjusted fourth-quarter earnings of 18 cents per share on $345.10 million in revenue, both of which topped analyst estimates. Its first-quarter revenue forecast that fell short of expectations is what’s weighing, with the recent government shutdown a culprit. Despite the movement today, BTIG and J.P. Morgan Securities hiked their price targets to $115 and $99, respectively. KTOS hit a nearly 22-year high of $134 on Jan. 20, but has…