SAVERS POUR RECORD £14BN INTO ISAS AHEAD OF REEVES CRACKDOWN
https://s.yimg.com/ny/api/res/1.2/hLoQLiaBZWmjjA23MqfH2Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03NTI-/https://media.zenfs.com/en/the_telegraph_258/c37a7c4234f178a46f47abee643c48db
✍️ Savers poured a record £14bn into cash Isas in April amid fears of a potential raid by Rachel Reeves on the tax-free accounts.
👉 Savers deposited a record £14bn into cash Isas in April 👉 The monthly total is the highest since the system was introduced in 1999 👉 Speculation about potential changes to the cash Isa tax-free allowance contributed to the surge 👉 The Chancellor has been consulting on changes to the Isa system to encourage more people to invest in stocks and shares 👉 Cash Isas outnumber stocks and shares by a ratio of 2:1
-- #RachelReeves #RuthGregory #EmmaReynolds #DavidPostings #RobinFieth #JamesBlower #business
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