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Chancellor Rachel Reeves considering 'changes' to ISAs - and says there's too much focus on 'risk' in investing

GREATER LONDON, ENGLAND, JUL 15 – Chancellor Rachel Reeves promotes ISA reforms to boost stock and share investments, shelving immediate Cash ISA limit cuts after sector backlash, with 40% of savers likely to invest more, Titan Wealth found.

  • On July 15, 2025, Chancellor Rachel Reeves delivered her second consecutive address at the Mansion House event in the City of London, speaking to leaders from the financial sector.
  • She did not announce changes to the £20,000 cash ISA limit after months of speculation and backlash from banks and consumer groups.
  • Reeves emphasized shifting the narrative on investing from risk to benefits, pledged to consider future ISA reforms, and promoted inclusion of Long-Term Asset Funds in stocks and shares ISAs.
  • She acknowledged that investment has often been portrayed too pessimistically, focusing heavily on potential risks while not sufficiently emphasizing the advantages, and noted the variety of opinions surrounding ISA reform.
  • The decision to maintain current ISA limits and promote investment aims to boost the UK economy amid recent economic contractions in April and May 2025.
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Birmingham Mail broke the news in Birmingham, United Kingdom on Tuesday, July 15, 2025.
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