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National Savings and Investments (NS&I), formerly called the Post Office Savings Bank and National Savings, is a state-owned savings bank in the United Kingdom. It is both a non-ministerial government department [2] and an executive agency of HM Treasury. [3]
In August 2004, ERNIE 4 was brought into service in anticipation of an increase in prizes each month from September 2004. [2] Developed by LogicaCMG, it was 500 times faster than the original and generated a million numbers an hour; these were checked against a list of valid bonds. By comparison, the original ERNIE generated 2,000 numbers an ...
Index-linked Savings Certificates are British inflation linked bonds from National Savings and Investments, the state-owned savings bank in the United Kingdom.The bond terms are typically 2, 3 or 5 years.
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Atom was founded in July 2013 [4] by Anthony Thomson, co-founder of Metro Bank [5] and Mark Mullen, previous CEO at First Direct. [6]In June 2015, Atom was granted a banking licence [7] and before launch in November 2015, Spanish bank BBVA agreed to invest a substantial stake in Atom. [8]
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