Submitted on Wednesday 11th June 2014
Published on Friday 13th June 2014
Current status: Closed
Closed: Monday 30th March 2015
Signatures: 5
Abandon the additional £1m Premium Bond Prize
The Chancellor has increase the amount of Premium Bonds an investor can hold to the maximum of £40,000 and added another £1 million prize.
This is unfair to investors who don't have the means to buy £40,000 worth of Premium Bonds.
The Chancellor should not encourage financial greed by treating Premium Bonds like the Lottery and use the additional £1 million to provide more smaller prizes to improve investors chances.
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