Part of the UK government’s borrowing programme targeted towards retail investors. Major forms of borrowing include National Savings Certificates, Premium Bonds and other National Savings products.
The Department of National Savings is a government department which has the role of bringing in extra cash to help the government pay its bills. Put another way, the department is another way for the Treasury to raise money to help meet the shortfall in the government's income. It's been described as the government's little piggy bank, but the serious role of National Savings is to borrow money from citizens by selling them competitive investment products. The first National Savings Certificates - then called War Savings Certificates - were issued in 1916. It was basically another way for the government to raise money for the Great War. Since then successive U.K. governments have issued fresh certificates.
A savings organisation backed by HM Treasury which offers a number of different savings products. Information on these is available from your local Post Office as well as from National Savings.
A range of savings products sold by the UK Government. You can usually buy them at Post Offices.
Account run by the government, which is tax free.
A range of savings products that the Government issues, available at Post Offices. A very low risk investment. The Financial Services Authority does not regulate National Savings products. back
Government investments you can buy in the post office. You can place from £100 to £10,000 in them, which will grow at inflation plus a margin (for example, two per cent). You get no interest if you sell with in the first 12 months.
A range of savings products the Government issues, available at Post Offices. As Governments are expected to honour their obligations and not go bust these are usually regarded as low risk investments.
A government organisation giving a range of Savings products - accounts, bonds, etc.
Tax-free savings accounts run by the Government.
The Department of National Savings is part of the Treasury and sells investment, savings and deposit products to raise extra finance for the government. The products are designed as medium to long-term vehicles and are sold "over the counter" at post offices.
Department of government responsible for running a variety of short-term borrowings. Its operations are undertaken through the Post Office.
A 'branch' of the treasury, selling investment, savings and deposit products over the counter at post offices with the aim of raising money for the government, and providing medium to long term financial planning products for customers.
A government-backed organisation offering a range of savings plans, including products offering tax-free and guaranteed returns.
The total level of savings, defined as the income remaining after consumption, of a country's households. This is also a brand name of savings products offered by the Post Office.
In economics, a country's national savings is the sum of private and public savings. It is generally equal to a nation's income minus consumption and government purchases.