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Evening Standard
Evening Standard
Politics
Vicky Shaw

Cash Isa limit cut may not encourage people to invest, finance expert says

HMRC Coles FCA Hargreaves Lansdown
According HMRC figures released in September, around 15 million adult Isa accounts were subscribed to in 2023/24 (Gareth Fuller/PA Archive) - (PA Archive)

A potential cut in the cash Isa limit in Wednesday’s Budget would not necessarily persuade people to move their money into investments, a finance expert has said.

The Financial Times has reported that the annual cash Isa limit could be reduced to £12,000.

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