Jul 21 2006
National Savings and Investments (NS&I) revealed this week in its annual results that it has seen record levels of investment over the past year.
The total of £73.4 billion marks a seven per cent increase in investments over the last 12 months, while its sales have increased by an identical percentage after several high-profile advertising campaigns.
Acting chief executive Trevor Bayley said: "We've had a remarkable year at NS&I, with significant developments for customers, many making it easier for them to save and invest with us.
"The combined efforts of NS&I, Siemens [which has controlled its service delivery arm] and the Post Office have helped make this a successful year, and we aim to build on this success in the coming years by continually improving products and services for customers, making NS&I an even better place to work, galvanising our existing partnerships and developing quality relationships with new partners."
NS&I is a government-backed agency which is designed to promote and encourage personal saving and investment for the future within a 100 per cent guaranteed environment.
