Wednesday, 28 October 2026

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Business

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 Business live – latest updatesWhat 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…

Chancellor’s predecessor Rachel Reeves had planned to reduce allowance from £20,000 to £12,000 a year from April Business live – latest updatesWhat 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…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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