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.
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.