Tag: ISA allowance reduction
Cash ISA Allowance Cut Rumors Ignite Fury as Savers Deposit £30 Billion in 2025
Rumors suggest Chancellor Rachel Reeves may cut the cash ISA allowance from £20,000 to £12,000 despite £30 billion in 2025 deposits. Experts warn it could trigger retail funding chaos and push savers away from tax-free accounts.
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