Savers have been given extra time to take advantage of the £20,000 cash ISA allowance. It was previously reported that Chancellor Rachel Reeves was looking at cutting the allowance from £20,000 ...

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Here’s one way that it can be done. A cash ISA can only deliver income in the form of interest. Currently, the best interest rates on cash ISAs are up to 5 per cent. So, if you have £200,000 or ...

Schroders boss Richard Oldfield has emerged as a key supporter of reducing the cash Isa limit and described current £20,000 allowance for both cash and stocks ISAs as an "anomaly" that should be ...

The number of ISA millionaires has skyrocketed by 61%, with figures jumping from 1,001 in January 2024 to an impressive 1,607 by February 2025, according to investment platform interactive ...

Looking for the best cheap FTSE 100 shares to buy in an Individual Savings Account (ISA)? Here are a few on my watchlist right now. When investing, your capital is at risk. The value of your ...

Treasury Minister Emma Reynolds has declined to rule out potential cuts to cash ISA allowances amid reports of significant reductions. The Chancellor Rachel Reeves is reportedly considering a proposal ...

In a major shake-up of tax-free accounts, savers and investors can now open and pay into as many Isas as they like - bar the Lifetime Isa - capped at £20,000 for the 2024/25 financial year.

The number of high-value prizes is dropping from next month, but there is some good news for NS&I customers, with the provider having raised the interest rate on its Direct Isa. However, with other ...

An ISA (Individual Savings Account) allows you to put away up to £20,000 each year without paying tax on any gains you make. That means your earnings will be exempt from things like capital gains ...

It would take longer, however, for any ISA reform to be implemented due to the need for legislative changes. Speaking in late February, Reeves confirmed she was looking at making changes to the ...

Attorney General Gali Baharav-Miara has announced that ISA chief Ronen Bar cannot be fired without her position on the matter being requested. A letter from Deputy Attorney General Gil Limon read ...