UK Savers Brace: Rachel Reeves Set to Reduce Cash ISA Contribution Limit
Big changes might be coming for UK saversChancellor Rachel Reeves may soon reduce how much we’re allowed to put into a Cash ISA each year. Right now, the tax-free savings limit is £20,000, but this amount could be lowered shortly. Reeves wants more people to invest their savings instead of just holding cash. She believes…