National Savings and Investments

(asked on 19th February 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent estimate he has made of the backlog of National Savings & Investment customers seeking to withdraw their funds.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 1st March 2021

NS&I processes significant numbers of repayments with a seasonal peak of maturing bonds in January and February, and it has been prioritising payment processing. As of 22 February 2021, circa 12,800 payments to customers were still being processed.

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