NS&I slashed its interest rates earlier in the week. NS&I will be reducing their current savings rates from November 24, these include:Income Bonds - 1.16% to 0.01%Direct Saver - 1.0% to 0.15%Direct ISA - 0.9% to 0.1%Investment Accounts - 0.8% to 0.01%Junior ISA - 3.25% to 1.5%The Premium Bonds Prize Fund will also reduce from 1.4 per cent to 1 per cent from December 1.Martin Lewis addressed the “savings in crisis” issue at the start of the half-hour programme after a viewer asked via Twitter if she should just take her money out of the bank and keep it under her mattress.
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