Savers facing ‘long-term threat’ to cash Isa limits following spring statement

The Government has said it is looking at options for reforms to Isas that ‘get the balance right’ between cash and equities (Gareth Fuller/PA) - (PA Archive)

Concerns that cash Isa allowances are under “threat” have been expressed, as the Government said it is looking at options for reforms.

There have previously been reports that the idea of lowering the annual cash Isa allowance to £4,000, from £20,000, was being mooted, to encourage more people to put their money into investments.