Written questions

Individual Savings Accounts

Lords · Question HL7404 · Tabled 13 May 2025 · Treasury · Official record

Answered 21 May 2025

Question

Asked by Lord Allen of Kensington

To ask His Majesty's Government what plans they have to review their ISA scheme; what the rationale for any review would be; and whether improving UK economic growth would be an objective of the review.

Answer

Answered by Lord Livermore, 21 May 2025

The Government is committed to incentivising greater savings and investment. As set out at the Spring Statement, the Government is looking at options for reforms to Individual Savings Accounts that get the balance right between cash and equities to earn b...