NS&I preparing to repay hundreds of millions of pounds over missing savings
Government-backed bank in talks about recompensing about 37,000 people whose money was misplaced UK politics live – latest updates Business live – latest updates National Savings & Investments is preparing to repay hundreds of millions of pounds to its customers over missing savings, in what is expected to be the single biggest payout in the bank’s 160-year history. The government-backed savings institution is in discussions with the Treasury to recompense about 37,000 people whose money has
Pensions minister promises the ‘full truth’ as external advisers are hired to identify the scale of the errors
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The boss of National Savings and Investments has stepped down from his role after it emerged the bank will have to repay hundreds of millions of pounds to its customers over missing savings.
The government-backed savings institution is in discussions with the Treasury to reunite about 37,500 people whose money has been misplaced because of historical failings, after a review identified about £470m in deposits affected.
Coverage from 4 sources
- NS&I preparing to repay hundreds of millions of pounds over missing savingsGuardian - World · Lauren Almeida · Mar 26, 2026, 10:16 AM
- NS&I boss quits as bank faces record payout over missing savingsGuardian - World · Lauren Almeida · Mar 26, 2026, 1:38 PM
- NS&I boss replaced as bank faces record payout over missing savingsGuardian - World · Lauren Almeida · Mar 26, 2026, 1:38 PM
- NS&I boss forced out as bank faces £470m payout over missing savingsGuardian - World · Lauren Almeida and Zoe Wood · Mar 26, 2026, 6:14 PM
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