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The Independent UK
The Independent UK
Independent and Lauren MacDougall

‘Why take the risk?’ Readers push back on Rachel Reeves’s savings shake-up

Rachel Reeves’s plan to encourage savers to move their cash into investments has sparked a lively reader response, especially among older people who say they have neither the time nor appetite for risk.

Many commenters questioned the wisdom of urging people into the stock market, arguing that fixed-rate savings accounts and tax-free ISAs already offer attractive returns of 4–5 per cent, with none of the potential losses.

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