All the updated news related to cash isa

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Personal Finance

Cash still king for Isa savers but more turning to stocks and shares

Cash was king for Isa savers during the pandemic savings boom – but its popularity appeared to be waning as people increasingly turned to stocks and shares. Around 12 million adult Isa accounts were subscribed to in 2020/2021, down from 13 million ...

08 Jun 2022 at 16:53

Personal Finance

Reeves says she wants ‘right balance’ on cash Isa deposit limits

The Chancellor has said she wants to create “a culture … of retail investing” to achieve “better returns” for UK savers amid reports she could cut the limit on cash Isa deposits. Rachel Reeves met senior City executives earlier this week, where ...

20 Feb 2025 at 16:43

Savers facing ‘long-term threat’ to cash Isa limits following spring statement

Concerns that cash Isa allowances are under “threat” have been expressed, as the Government said it is looking at options for reforms. There have previously been reports that the idea of lowering the annual cash Isa allowance to £4,000, from ...

26 Mar 2025 at 16:31

City

Building society ‘inundated’ with worried customers over possible ISA shake-up

The boss of Leeds Building Society said staff have been “inundated” with questions from worried customers over the future of cash ISAs, amid reports the Government could cut the limit on deposits. Richard Fearon, chief executive of the UK’s ...

28 Feb 2025 at 12:31

Life

What is an ISA and which one should you open?

There has been a rise in people opening Individual Savings Accounts (ISAs) as a means to save and also make tax-free money over the years. According to the Bank of England, in February alone, £3.5 billion was ploughed into cash ISAs for ...

02 May 2025 at 08:00

Record £14 billion cash Isa injection made by savers in April

Savers injected a record £14 billion into cash Isas as the new tax year got under way, according to Bank of England figures. An additional £14.0 billion was deposited into cash Isas in April – the highest amount since records started ...

02 Jun 2025 at 11:31

Personal Finance

Building societies see jump in cash Isa applications amid speculation over limit

Some building societies have reported seeing a jump in cash Isa applications following speculation that the limit could be cut. Reports have suggested that plans to cut the annual tax-free cash Isa allowance could be announced in ...

09 Jul 2025 at 15:14

Personal Finance

Cash Isa limits set to be left untouched at next week’s Mansion House speech

Cash Isas will be left untouched at next week’s Mansion House speech, in a move that has been welcomed by savings experts. Speculation had been mounting that plans to cut the annual tax-free cash Isa allowance could be announced ...

11 Jul 2025 at 12:38

SNP urge Reeves not to cut Isa tax-free allowance

The SNP has urged the Chancellor not to cut the tax free allowance on cash savings accounts. Reports have suggested Rachel Reeves could announce the measure next week, dropping the threshold from £20,000 for cash individual ...

09 Jul 2025 at 00:01

Personal Finance

Any cut to cash Isa allowance ‘may not prompt savers to boost their investments’

Savers could end up having less money to put into stocks and shares if the cash Isa limit is cut, a finance expert has said. The comments follow speculation that plans to cut the annual tax-free cash Isa allowance could be ...

01 Jul 2025 at 11:32

Personal Finance

Housing targets could be derailed if cash Isa limit is cut – building society

The Government could risk derailing its own housing targets if the cash Isa limit is slashed, a building society has warned. The Financial Times reported that Chancellor Rachel Reeves is looking to use the Budget to ...

15 Oct 2025 at 17:51

Personal Finance

Government should not cut cash Isa allowance, says Treasury Committee

A powerful committee of MPs has urged the Government not to cut the cash Isa limit in the hope of persuading more people to invest in stocks and shares, saying such a move would be unlikely to incentivise savers. ...

25 Oct 2025 at 00:01

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