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NS&I has slashed rates on its bonds. Here's why I'm not surprised - and why I'd still grab one: Sylvia Morris

National Savings and Investments (NS&I) yesterday slashed the rate it pays to savers signing up for its fixed-rate bonds – but I still think they’re worth a look. The one-year Guaranteed Income Bond – which pays out your interest monthly rather than at the end of the year – is down from 4.13 per cent to 4 per cent. [...]