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flag NS&I apologizes for interest rate error and will pay millions in compensation.

flag National Savings and Investments (NS&I) has apologized as it prepares to pay millions in compensation to customers following an error. flag The government-backed savings body has acknowledged that a technical fault affected millions of customers, resulting in incorrect interest rates being applied to their accounts. flag This miscalculation has led to significant financial losses for policyholders, who will now receive payouts to rectify the mistakes.

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