The Chancellor should not cut the cash Isa allowance from its current £20,000 annual limit, MPs have said. It comes as the Chancellor is said to be considering restricting the allowance to £10,000. Economics
It is ‘not the right time’ to cut the tax-free limit, a senior MP warns Events
The MPs said the focus should instead be on improving financial literacy and enhancing access to good investment advice and guidance. Politics
The Chancellor is considering slashing the tax-free limit on cash Isas - a move that would hit millions of careful savers across Britain. Economics
MoneySavingExpert founder says Treasury would receive more tax and mortgage lenders would be hit Events
Reports suggest that the Treasury could be considering cutting the annual cash Isa limit to £10,000. Events