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[Jimbob]

Taken the money out of BS put  bought premium bonds at least I
might win even though that payout has gone down -hence less for the BS to lend at +/- 0 ish interest to me but more to borrowers ?

Fixed ISA's % ok short term

But spending far less now so VAT reduction utter waste of time
Must agree with Marks point of view currancy wise imports more expensive i.e  - petrol / gas

I think there was a rethink on the prize funds and they were reduced.  Nothing published about it.  But sure one of the members posted about it a few months ago.

The Government simply reduced the rate of interest paid on the net prize fund, so reducing the total number of prizes. Remember that Premium Bonds should not be considered as an investment as such, but as a monthly gamble with money you do not need for day to day living, much like the Lotto. The advantage of course is that you do not lose your money, even though it will diminish in real value over time.
I have a modest number of bonds just to be in the hat.
There's a very interesting appraisal of the chances of winning on Martin Lewis' 'Moneyexpert' site.

Quite agree, I bought £100 of premium bonds a year or 2 ago, never expect to win a penny, but there always that chance of 1 million.
I just play it as the lottery, but in effect its free  

[shyboy]

Each time our grand- & great-grandchildren have come along, we have bought them £100 worth of Bonds just in case they strike lucky before they reach adulthood. It may or may not pay off.

[Dusty]

Each time our grand- & great-grandchildren have come along, we have bought them £100 worth of Bonds just in case they strike lucky before they reach adulthood. It may or may not pay off.

We used to be able to buy premium bonds individually.Now I think that the minimum is £100.