MoneyWeek Quiz: Potential Cut to Cash ISA Limit
Rumors of a cash ISA allowance cut have resurfaced as the Autumn Budget approaches.
Treasury insiders claim that Chancellor Rachel Reeves is considering cutting the cash ISA limit to encourage Brits to invest in the stock market.
- Supporters of the reform argue that savers can get better returns from stocks and shares.
- Others believe a cut to the cash ISA limit will undermine the savings product and potentially make mortgages more expensive.
A cut to the cash ISA limit may encourage investment in the stock market, but could also have unintended consequences.
Test your knowledge of this week's headlines in MoneyWeek's news quiz.
Author's summary: Chancellor Rachel Reeves may cut cash ISA limit.
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