Rachel Reeves U-turns on plan to cut ISA limit to £4,000
Introduction 1.1 Overview of the Controversy A tempest erupted in the UK’s financial and political circles when Rachel Reeves, Shadow Chancellor of the Exchequer, was reported to be considering slashing the annual Individual Savings Account (ISA) allowance from £20,000 to £4,000. The proposal, met with immediate consternation, has now been retracted following significant public and … Read more