Article: The [pounds sterling]2million conker; Critics accuse National Savings of frittering a fortune on new image.

Byline: SEAN POULTER

A LOGO for National Savings which has added a conker and two extra words has soaked up [pound]2million of taxpayers' money.

The organisation will in future be known as National Savings & Investments following a two-year market research and re-brand inquiry.

Corporate identity company Citigate Lloyd Northover was paid [pound]393,000 for the 'inspirational' creation. Among its other recent triumphs was renaming The Barbican Centre 'Barbican'.

The remainder of the [pound]2million cost covers new letterheads, signs and advice leaflets which are being sent to customers of National Savings, which handles Premium Bonds ...

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