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Evening Standard

Politics

Vicky Shaw

Any cut to cash Isa allowance ‘may not prompt savers to boost their investments’

Rachel Reeves FCA United Kingdom

The Government is looking at options for reforms to Isas (Nick Ansell/PA) - (PA Archive)

Savers could end up having less money to put into stocks and shares if the cash Isa limit is cut, a finance expert has said.

The comments follow speculation that plans to cut the annual tax-free cash Isa allowance could be announced in Chancellor Rachel Reeves’s Mansion House speech on July 15.

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