Individual Savings Accounts
Commons · Question 34831 · Tabled 3 Mar 2025 · Treasury · Official record
Answered 6 Mar 2025
Question
Asked by Mark Garnier
To ask the Chancellor of the Exchequer, if she will make an estimate of the potential impact of (a) reducing the cash ISA limit to £4,000 and (b) creating incentives to put money into stocks and shares ISAs on the amount of money that will be put into sto
Answer
Answered by Emma Reynolds, 6 Mar 2025
The Government is committed to incentivising greater saving and investment. Individual Savings Accounts (ISAs) help people save for their future goals and build greater financial resilience. The Government recognises the important role that cash savings p...