Written questions

Individual Savings Accounts

Commons · Question 14948 · Tabled 1 Jul 2026 · Treasury · Official record

Answered 7 Jul 2026

Question

Asked by Daisy Cooper

To ask the Chancellor of the Exchequer, what information her Department holds on the extent to which money market funds within stocks and shares ISAs are used as temporary holding vehicles rather than long-term cash substitutes.

Answer

Answered by Rachel Blake, 7 Jul 2026

At Autumn Budget 2025, the Government announced a reduction in the Cash ISA limit for those under 65, to encourage retail investment and drive better returns for savers. Rules are needed to protect the integrity of the Government’s objectives and ensure t...