Money blog: M&S climbs after online order breakthrough – as FTSE 100 falls short of breaking record

Each premium bond has a 22,000-to-1 chance of winning – is it time to move your money? For this week’s guide, Anna Bowes, personal finance expert from The Private Office, looks at premium bonds and if you should be putting your money elsewhere… Premium bonds stir up a lot of debate because there is no guarantee you’ll earn anything on your savings. Unlike traditional savings accounts, they don’t pay interest but they do enter savers into a monthly draw for tax-free cash prizes, ranging from £25 to £1m. “Each £1 deposited purchases one bond and each bond currently has a…