While it would appear that this government will stop at nothing to destroy anything good within their path, the apparent lack of common sense in decision making is either sinister or plain stupidity.
The way in which this government squanders money you would think that increasing the number of bonds held would be a better strategy for increasing revenue.
Rather than reducing an otherwise working incentive for investing.
At its height the rate of return was 4.65% in 2023 but successive cuts has seen its decline to 4%, 3.65% and now in April 2026 down to 3.3%.
There has been much skepticism over the probability of being up on your returns and you could earn more money through just sticking the money into a savings account.
From a £50,000 pot with luck on your side you could expect a
£2,325 return at 4.65% this has now significantly reduced to £1,650 from April 2026 at the new average rate of return of 3.3%.
There are 2 prizes of £1,000,000 each month and the odds of winning a prize stands at 23,000:1 as of April 2026
