UK savers poured a record amount into ISAs in April, with £11.7 billion poured into the savings accounts, figures published by the Bank of England today show.
The figure was the highest since records began in April 1999. While April is often a popular month for ISA investing because it’s the first month after the tax threshold for investments resets, this year’s figure was much higher than any previous April. It was up by almost 30% compared to April 2023, and the highest figure for any month since records began in April 1999.
