Rachel Reeves wants Britons to put more of their spare cash into shares to help them get better returns, support UK businesses and the ailing London Stock Exchange, and kickstart anaemic growth.
The chancellor has paused plans to overhaul Isas that were expected to cut the annual limit for the cash version of the tax-efficient cash savings accounts, to encourage investment in the shares variety. However, on Tuesday she unveiled measures to encourage people to consider the stock market as an alternative to banks and building societies.
