Rachel Reeves wants ‘right balance’ in changes to cash Isa deposit limits

Chancellor of the Exchequer Rachel Reeves could either raise taxes or cut public spending (Ian Forsyth/PA) - (PA Wire)

Chancellor Rachel Reeves is aiming to foster a “culture of retail investing” in the UK, and is looking at reducing the annual cash ISA allowance.

Reeves met with City executives this week to discuss strategies for encouraging greater investment in stocks and shares, aiming to deliver “better returns” for savers.