NS&I Premium Bonds prize fund rate rises to 3.8% from July 2026 draw
NS&I will lift the Premium Bonds prize fund rate from 3.30% to 3.80% from the July 2026 draw, shortening the odds on each GBP 1 bond from 23,000 to 1 down to 22,000 to 1 and adding 322,000 extra prizes to the monthly draw.
UK Private Rents Hit £1,381 Average as Renters' Rights Act Takes Effect: What Changed on 1 May 2026
UK private rents rose 3.5 percent in the year to April 2026 to a £1,381 monthly average, ONS data shows. The Renters' Rights Act came into force in England on 1 May, abolishing Section 21 no-fault evictions and requiring Section 13 notice for rent rises.
Cash ISA Allowance Cut to £12,000 From April 2027: How Under-65s, Over-65s and Stocks and Shares Savers Are Affected
From 6 April 2027 the Cash ISA allowance for under-65s falls to £12,000. Over-65s keep £20,000. The remaining £8,000 must go into investment-type ISAs. A 1 penny rule may let savers avoid a 22 percent charge on cash held in stocks and shares ISAs.