Looking for the newest info on UK savings options for children, unclaimed child trust funds, and the latest lottery deals? This page covers all the recent updates, including how to claim dormant accounts, current premium bond rates, and promotional lottery offers. Keep reading to find out how you can make the most of your money and chances to win big in 2025.
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What are the latest UK savings options for children?
In 2025, UK parents and guardians can choose from various savings options for children, including Junior ISAs which have become more popular since child trust funds were discontinued in 2011. These accounts offer tax-free growth and are a great way to save for a child's future. The government also encourages responsible saving by promoting these options as secure and flexible ways to build a nest egg for children.
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How can I claim unclaimed child trust funds?
Many young adults are unaware they have unclaimed child trust funds, which were introduced in 2005 and discontinued in 2011. To claim these funds, you can visit the HMRC website or use online search tools to find dormant accounts. The average value of these unclaimed funds is around £2,240, so it's worth checking if you or your family members have any unclaimed savings waiting to be claimed.
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What are the current lottery deals and jackpot chances?
UK lotteries like EuroMillions and the Health Lottery are offering larger jackpots and promotional deals in 2025. Operators are running discounted syndicate lines and special offers to boost participation. While the odds of hitting the jackpot are slim, these deals give players more chances to win big and enjoy the excitement of lottery games.
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How are premium bonds performing this year?
Premium bonds issued by NS&I are a popular savings choice in the UK. In 2025, the interest rate has increased to 4%, making them more attractive for savers. Instead of earning fixed interest, bondholders are entered into monthly prize draws, with the chance to win cash prizes ranging from £25 to £1 million. The higher rate means better chances of winning and more value for your money.
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Are there any new promotional offers for UK lottery players?
Yes, in 2025, lottery operators are offering various promotional deals, including discounted syndicate lines and larger jackpots to attract more players. These offers are designed to make playing more affordable and increase the chances of winning. Always check the official lottery websites for the latest deals and terms before participating.
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What should I know about responsible saving and gambling in 2025?
With more options available, it's important to practice responsible saving and gambling. Set budgets, understand the odds, and avoid chasing losses. The government and financial institutions continue to promote financial literacy to help consumers make informed decisions about their money and entertainment choices.