#cash-isa

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US politics
fromwww.independent.co.uk
1 month ago

Rachel Reeves sent huge cash ISA cut warning over 2.5bn Treasury losses

Cutting cash ISA limits could reduce mortgage supply, damage economic growth, and cost the Treasury billions while failing to encourage investment.
fromwww.theguardian.com
1 month ago

Cutting cash Isa limit will not boost stock market, MPs warn Rachel Reeves

Cutting the annual cash Isa allowance will not encourage many savers to switch to shares but could push up mortgage costs, MPs have warned the chancellor. Adults can put up to 20,000 a year in a tax-free Isa and spread the money between cash and stock market investments as they choose. In the 2023-24 tax year, 66% of all contributions went into cash savings.
UK politics
fromwww.thenorthernecho.co.uk
4 months ago

Martin Lewis 'disappointed' as he highlights potential government 'mistake'

"Reports Rachel Reeves will announce a cut to the cash ISA limit at her 15 July Mansion House speech. If true, I think it's a mistake."
UK news
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