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One Age Group of Savers Set to Be Hit Hardest if Proposed ISA Rules Brought In

UNITED KINGDOM, JUL 3 – Chancellor Rachel Reeves halts plans to lower the cash ISA limit after warnings that nearly half of savers would shift to other cash accounts, not stocks and shares ISAs.

Summary by My London
Chancellor Rachel Reeves is understood to have backed down from immediate plans to cut cash ISA limits from £20,000 a year to possibly £4,000 but has announced she's still looking into making changes

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Cambridge News broke the news in Cambridge, United Kingdom on Thursday, July 3, 2025.
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