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The Independent UK

Business

Karl Matchett

Government issues major update on Lifetime ISAs held by 1.5m Britons

The government has given a major update to anyone with a Lifetime ISA (LISA) after announcing plans to scrap them in the Autumn Budget.

Held by more than 1.5 million people, the government-backed savings account, introduced in 2017, offers a unique ‘savings rate’ of 25 per cent, but can only be used to purchase a first home.

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Iranian fishermen hunt for iPhones and perfumes after cargo ship sinks in Hormuz

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Search continues after boat capsizes off Baja California coast. 16 rescued, but others missing

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Authorities are searching for 11 people missing after a boat from Mexico capsized off Baja California

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Minnesota measles cases reach 42 as Todd and Fillmore County outbreaks add 23 cases in 21 days, all among unvaccinated people. What families should do.

One subscription that gives you access to news from hundreds of sites

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Iranian fishermen hunt for iPhones and perfumes after cargo ship sinks in Hormuz

Iranian fishermen hunt for iPhones and perfumes after cargo ship sinks in Hormuz

The Singapore-flagged GFS Pride went down after a fire broke out on board, Singapore said. All 21 crew members were evacuated safely. The vessel was carrying more than 2,500 containers when it sank, according to Iran's Islamic Revolutionary Guard Corps (IRGC) navy, which claimed the ship had entered an “unauthorised…

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Mom Of The Teen Behind The Oregon Elementary School Tragedy Breaks Silence, As First Photos Of Him Are Revealed

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UT Austin student heads for a ‘free matcha’ sign near campus. Then she sees whose building it is and covers her mouth

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