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The Independent UK
The Independent UK
Business
Karl Matchett

Rachel Reeves set to cut cash ISA allowance in blow to savers — here’s what you need to know

Rachel Reeves is set to announce plans to cut the annual allowance for Cash ISAs in a push to encourage people to invest more.

It is expected the chancellor will unveil the measure in her Mansion House speech, which takes place on July 15.

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