PARLIAMENTARY WRITTEN QUESTION
(13 May 2025)
Question Asked
To ask the Chancellor of the Exchequer, whether her Department plans to change rules for Cash ISAs.
Asked by:
Connor Naismith (Labour)
Asked by:
Connor Naismith (Labour)
Answer
The Government is committed to incentivising greater savings and investment. The Government recognises the important role that cash savings play in helping households build a financial buffer for a rainy day.
At Spring Statement, the Government announced that it is looking at options for reforms to Individual Savings Accounts that get the balance right between cash and equities to earn better returns for savers, boost the culture of retail investment, and support the growth mission.
Answered by:
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