A Premium Bond holder has claimed winnings from cash invested over 50 years ago, after the Government-run bank behind the scheme appealed for customers to come forward for £41 million of unclaimed prizes.
It is now just over a year since the Government's National Savings & Investments (NS&I) bank launched the latest batch of its popular inflation-beating, tax-free accounts, meaning many customers can now withdraw their cash virtually penalty-free.
The Government's official inflation measure jumped to its highest level in two-and-a-half years last month, tightening the squeeze on household spending power and increasing the challenge for savers.