The cash Isa allowance will be slashed to £12,000 a year from April 2027, but only for under 65s. Rachel Reeves will cut the amount that can be saved in cash tax-free from its current level of £20,000 ...

The amount you can save in a tax-free cash ISA has been slashed from £20,000 to £12,000 in the budget. The cut will come into effect from April 2027, but it will not affect over-65s, who will be ...

Rachel Reeves has effectively cut the cash ISA limit in Wednesday’s Budget, with the cap set to drop from £20,000 to £12,000 – though there is one notable exception for over-65s. The move, seen as a ...

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Cash ISA limits have been cut today but new exemption rules specifically for those aged over 65 have been revealed by Chancellor Rachel Reeves. State pensioners will not see their Cash ISA limits cut ...

Chancellor Rachel Reeves is slashing the amount millions of savers can put into a cash ISA each tax year. From April 2027, under-65s can put no more than £12,000 into a cash ISA each tax year, down ...

Chancellor Rachel Reeves will slash the amount Britons can save in their tax-free cash ISA each year to £12,000 in a bid to get households investing more in UK stocks. The UK’s current £20,000 annual ...

Marissa Sulek joined CBS News Chicago in January 2025. Before Chicago, Marissa was a general assignment reporter in Nashville at WSMV, where she was nominated for Mid-South Emmy Awards for her ...

A group of senior MPs has warned the government not to cut the cash Isa allowance at the Budget as chancellor Rachel Reeves is understood to be considering the measure. In a candid intervention, the ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s Investment Association has written to the Treasury to warn against a possible overhaul of the Isa ...