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Cash Isas ARE under threat, words hidden in the Spring Statement reveal

The Treasury said reforms will aim to 'get the balance right between cash and equities to earn better returns for savers and boost the culture of retail investment.'



The UK government is considering reforms to cash ISAs to encourage investment and boost economic growth. While immediate changes to the £20,000 cash ISA allowance were not announced in the Spring Statement, future reforms could include a cut to this allowance to push savers towards stocks and shares ISAs. Industry experts suggest improving financial education as an alternative to reducing the appeal of cash ISAs.

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