NS&I increases interest rates on fixed-term savings accounts

Treasury-backed provider raises returns by up to 0.31 percentage points but experts say better deals are availableBusiness live – latest updatesNational Savings and Investments has bucked the trend in the savings market by increasing interest rates on fixed-term accounts.The provider, which is backed by the Treasury and tasked with raising funds for government projects, has increased the returns it will pay savers by up to 0.31 percentage points, with the biggest rise available to those wi