Reports previously suggested that the Government has discussed lowering the threshold for the cash part of the ISA to as low as £4,000, in order to try and encourage people to invest 10:02, 11 Jul 2025Updated 10:10, 11 Jul 2025 Martin Lewis has called cutting the cash ISA allowance ‘a mistake’(Image: ITV) Rachel Reeves is
You can currently invest £20,000 a year into a cash ISA – but there are rumours that the Chancellor could announce plans to reduce this during her Mansion House speech 10:14, 10 Jul 2025Updated 10:15, 10 Jul 2025 Martin Lewis is founder of MoneySavingExpert.com(Image: Ken McKay/ITV/REX/Shutterstock) Martin Lewis has urged Rachel Reeves to introduce a
Currently, people can save £20,000 in a tax-free ISA within the tax year – but it has been suggested this could be brought down to as low as £4,000 to encourage people to invest Martin Lewis quizzes Nick Thomas-Symonds on Cash ISA limits Martin Lewis has challenged a minister on Rachel Reeves’s widely expected plan
It comes after months of speculation that the the Chancellor could scrap cash ISAs in a bid to get more UK investors in stocks and shares ISAs Rachel Reeves should abolish the cash ISA to reverse the “alarming decline” of UK investments, a new report has revealed. Trading provider IG says the UK has long
Nationwide has revealed its new Fixed Rate Cash ISAs and Fixed Rate Bonds – which are available to customers with a balance of £1 or more Nationwide is bringing in a major change(Image: Getty Images) Nationwide, the UK’s leading building society, has unveiled new Fixed Rate Cash ISAs and Fixed Rate Bonds. The rates apply
New data has revealed that teens are falling short when it comes to financial comprehension. As a result, parents are taking responsibility for their teens’ financial wellbeing A significant group of British teens admit that they do not understand basic financial terms and do not have any savings(Image: Getty Images) A new survey conducted by
Martin Lewis has shared the top three fixed rate Cash ISAs to open right now – as he urged savers to take advantage of them while they are still available on the market Martin Lewis(Image: ITV) Money-saving expert Martin Lewis has just revealed the top three fixed-rate Cash ISAs worth your attention. Speaking on the
The Government is set to press ahead with an overhaul to cash ISAs despite concerns over pushing people towards riskier investments at a time of turbulence in the stock markets. The Treasury is considering limiting the amount that savers can put in their tax-free accounts each year, with a decision expected later this year. Economists
The Chancellor warned saving money could be ‘a disservice to people’ Rachel Reeves seemingly confirmed the changes won’t be implemented anytime soon(Image: GETTY) Concerns that the Cash ISA limits will be cut down may be more real than people hoped. This week in the Commons, not only did Chancellor Rachel Reeves confirm that Labour is
Savers are being encouraged to act quickly to secure the best interest rates as returns continue to fall, despite some providers still offering up to 7.5% on savings accounts and up to 5.6% on Cash ISAs Brits could earn more on their savings this week(Image: Getty Images) Savers are being urged to act quickly to