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Autumn Budget: Healey reverses Reeves’ cash Isa cut
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Guardian Politics
Healey poised to overturn cut to cash Isa allowance in first budget
Chancellor’s predecessor Rachel Reeves had planned to reduce allowance from £20,000 to £12,000 a year from April
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What to expect from the budget: who wins, who pays?
John Healey is to use his first budget to ditch plans to slash the annual cash Isa allowance, the Guardian understands, preferring a carrot rather than a stick to encourage people to invest more in shares.
City experts w…
28 Oct, 09:55
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City AM
Autumn Budget: Healey reverses Reeves’ cash Isa cut
John Healey has scrapped plans to slash the cash Isa allowance in his maiden Budget, ending the controversial measure introduced by his predecessor. Healey has confirmed the ceiling on the savings product will remain unchanged at £20,000 instead of being cut to £12,000 from April 2027. The cutting of the allowance was designed by former [...]
28 Oct, 13:02
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