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The Independent UK

Craig Paton

SNP urge Reeves not to cut Isa tax-free allowance

SNP Dave Doogan Martin Lewis Rachel Reeves Economy

The SNP has urged the Chancellor not to cut the tax free allowance on cash savings accounts.

Reports have suggested Rachel Reeves could announce the measure next week, dropping the threshold from £20,000 for cash individual savings accounts (Isas).

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