Martin Lewis' essential savings tip to 'mitigate the damage of inflation'

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Martin Lewis' essential savings tip to 'mitigate the damage of inflation'
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The money-saving expert highlighted that people don't have a lot of time to take advantage of one particular 'best buy' saving account

Martin Lewis has shined a light on what he believes is the 'best buy' savings account right now - and is urging people to take advantage before it becomes unavailable.

An NS&I , is a state-owned bank that offers Premium Bonds as well as other savings and investments including Direct Saver. Money invested in an NS&I is used by HM Treasury to manage the national debt by contributing to the government's finances.Mr Lewis noted that even though money placed in an NS&I is backed by the Treasury and therefore enjoys the same level of safety as other banks up to £85,000.

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