20-05-2025
UK Considers Reducing Cash Portion of £20,000 ISA Allowance
The UK government is planning to reduce the amount of cash that savers can put in tax-free accounts, according to a Treasury minister.
Britons can currently add as much as £20,000 ($26,724) a year to Individual Savings Accounts, choosing whether to keep it as cash, investments or a blend of the two.