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Healey poised to overturn cut to cash Isa allowance in first budget

Published October 28, 2026 5:55 am • Updated October 28, 2026 5:55 am •
Healey poised to overturn cut to cash Isa allowance in first budget
Photo via The Guardian World

Chancellor’s predecessor Rachel Reeves had planned to reduce allowance from £20,000 to £12,000 a year from April Business live – latest updatesWhat to expect from the budget: who wins, who pays?John Healey is to use his first budget to ditch plans to slash the annual cash Isa allowance, the Guardian understands, preferring a carrot rather than a stick to encourage people to invest more in…

Chancellor’s predecessor Rachel Reeves had planned to reduce allowance from £20,000 to £12,000 a year from April Business live – latest updatesWhat to expect from the budget: who wins, who pays?John Healey is to use his first budget to ditch plans to slash the annual cash Isa allowance, the Guardian understands, preferring a carrot rather than a stick to encourage people to invest more in…

Source: The Guardian World — Original report ↗

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Original source: The Guardian World ↗