01 July 2020 10:35



Two lucky people have just scooped the £1million jackpot in July's Premium Bonds prize draw - but they're far from the only big winners this month. The first jackpot went to a man from Tyne and Wear, picking up a cool £1million prize with Bond 392SK696449. Since the first draw in June 1957, ERNIE has drawn 487 million prizes with a total value of £20.8 billion - but how they arrive has been changing over the years. NS&I retail director Jill Waters said: "When people think of Premium Bonds they often recall memories of a prize warrant landing on their doormat, but since the introduction of paperless prizes we've seen a good uptake in the number of customers choosing to have their prizes paid directly into their bank account. "In June alone just over 70% of Premium Bonds prizes were paid out in this way – making it the quickest and most convenient way for people to receive their prizes." Customers can check to see if they have won on the nsandi.com prize checker and prize checker app from Thursday 2 July 2020.

Customers will require their Premium Bonds holders' number to see if they have won. Find forgotten Premium Bond prizes National Savings and Investments, which runs Premium Bonds, revealed there are now more than £64million worth of prizes unclaimed from Premium Bonds waiting for people to bank. You can find out if any of your Premium Bonds are winners by downloading the prize checker app from the App Store or Google Play, or visit the prize checker at nsandi.com. Customers manage their Bonds online at nsandi.com and by phone. Customers can choose to have their prizes paid straight into their bank account, or to have them automatically reinvested into new Premium Bonds account, if their total holding is below the maximum threshold of £50,000.

A Premium Bond may appeal to those who like a the excitement of waiting to find out if they've won, but if you're a slow and steady saver, there are more reliable ways to grow your money. Wightlink will resume services on its Yarmouth-Lymington route on Friday 17th July 2020, it has been confirmed. The cross-Solent operator says this decision reflects the increasing demand for Wightlink's services as Government lockdown restrictions are relaxed and has been taken in consultation with the Isle of Wight Council's Transport Infrastructure Board. It's not all good news though, as at present there is no case for reintroducing the Fast Cat service with the current foot travel demand being just 15% of normal levels. "I am delighted we can restart services between Lymington and Yarmouth from Friday 17 July.

"Our partnership with the Isle of Wight Council's Transport Infrastructure Board and the other cross-Solent operators has ensured ferries have kept the Island supplied with essential goods and services throughout the crisis. Article continues below this advertisement "We hope to make an announcement later this summer about resuming our FastCat route between Portsmouth Harbour and Ryde Pier, but demand from foot passengers is still only around 15% of normal levels and would not support services from two operators. The current combined timetable is designed to provide enough capacity for Islanders and visitors while helping operators survive financially, fund their vessel maintenance programmes in the autumn and protect jobs and services for the future." "I really welcome this move from Wightlink which recognises the need to restore this essential service for the West Wight community and also demonstrates its confidence that the Island is re-opening and ready to welcome visitors back to support our local businesses. The second quarter of the year (covering April, May, and June), was a great time frame for many shares listed on the London Stock Exchange. Given the increase in the number of new Covid-19 cases worldwide and the worry over increased economic contraction, it's likely we may see some profit-taking in FTSE 100 shares. Today, I'd like to discuss how even if you only have a few pounds to spare every week, you can invest in FTSE 100 shares. You decide to invest that £10,000 in a fund now and make an additional £4,000 of contributions annually at the start of the year. At the end of 35 years, the total amount saved becomes £3549,344. Saving £4,000 a year would mean being able to put aside around £335 a month, or about £11 a day. And if you were to increase the amount of annual contributions from £4,000 to £7,000, the total amount saved becomes £5903,706. Investing in FTSE 100 shares There are several companies with respectable dividend yields I'd consider buying in July, especially if there's any further weakness in their share prices. In the FTSE 250, I like Drax, Centamin, IG Group, Moneysupermarket.com, Paypoint and Tate & Lyle as potential long-term investments. Seasoned investors would possibly agree that the best strategy to achieve the retirement you want is to start planning and investing early. It could mean a wealthy retirement for new FTSE 100 dividend investors appeared first on The Motley Fool UK. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. THE Wightlink route from Yarmouth to Lymington is to re-open. The route will open on Friday, July 17, initially with a single ship on a two-hourly service, seven days a week. Wightlink chief executive Keith Greenfield said: "Since the start of the crisis when demand dropped dramatically we worked really closely with the Isle of Wight Transport Infrastructure Board to understand the demand for travel and make sure freight goods and key workers could get across the Solent. "This second stage is a gradual increase in travel and an opening of services to meet the demand. We need to make sure we survive and emerge in good shape to protect routes and services. Mr Greenfield said: "Hovertravel is maintaining the Ryde to Portsmouth link until demand increases, and they have plenty of space. Council leader, Dave Stewart, said: "I really welcome this move from Wightlink which recognises the need to restore this essential service for the West Wight community and also demonstrates its confidence that the Island is re-opening and ready to welcome visitors back to support our local businesses. "I cannot speak highly enough of the work of all the ferry companies in keeping the Island connected to the mainland over the last few months, working with and with the support of the Department for Transport. "Having worked closely with the ferry companies, I recognise the commercial challenges they are still facing, but I am asking that they look to restore all their services to a regular schedule as soon as possible. "I am especially keen for Wightlink to restore its Ryde to Portsmouth catamaran to reconnect with the national rail service and our vital visitor markets in the south east."