Older savers with modest balances are expected to bear the brunt of Chancellor Rachel Reeves's cash ISA alterations. The ...

Chancellor Ms Reeves faces mounting pressure from the financial services sector over plans to slash the annual cash Isa allowance from its current £20,000 limit.

PLANS to cut the tax-free allowance for cash ISAs have been put on hold by the Chancellor in a move that has been welcomed by ...

This might lead to "loans to households and businesses" becoming "more expensive and harder to come by". The association commented: "This would undermine efforts to stimulate economic growth, ...

The typical cash ISA customer is a modest saver from a low to middle-income household, relying on traditional savings as they build towards, or manage their retirement.

Plum has found that more than two-thirds of cash ISA holders oppose Labour Party Chancellor Rachel Reeves' proposed reforms to reduce the annual allowance from £20,000.