World PulseNow
Newsletter

Cutting cash Isa limit will not boost stock market, MPs warn Rachel Reeves

The Guardian•Friday, October 24, 2025 at 11:01:17 PM
NegativeFinancial Markets
Cutting cash Isa limit will not boost stock market, MPs warn Rachel Reeves
MPs are cautioning that reducing the cash Isa limit in the upcoming November budget won't necessarily lead to more investments in the stock market. Instead, they warn it could result in higher mortgage rates, which would impact many homeowners. Currently, a significant portion of Isa contributions is directed towards cash savings rather than stocks, indicating that simply changing the allowance may not shift investor behavior. This discussion is crucial as it highlights the potential unintended consequences of fiscal policy on the housing market and personal finances.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
Raise £12bn in budget by extending income tax thresholds freeze, says thinktank
The Guardian14 hours ago
Raise £12bn in budget by extending income tax thresholds freeze, says thinktank
PositiveFinancial Markets
The Fabian Society is advocating for Chancellor Rachel Reeves to raise £12 billion in the upcoming budget by extending the freeze on income tax thresholds for an additional two years. This proposal is seen as the best option to counteract the effects of disappointing economic forecasts. By implementing this measure, the government could stabilize its finances while addressing the challenges posed by the current economic climate, making it a significant consideration for policymakers.
Read full article
via The Guardian
Reeves should not cut cash ISA allowance, MPs say
BBC Newsa day ago
Reeves should not cut cash ISA allowance, MPs say
NegativeFinancial Markets
Members of Parliament are urging the Chancellor not to proceed with plans to reduce the tax-free allowance for Cash ISAs. This move is significant as it could impact many savers who rely on these accounts for tax-efficient savings, potentially discouraging individuals from saving and affecting overall financial stability.
Read full article
via BBC News
Reeves refuses to rule out income tax rises in Budget
BBC Newsa day ago
Reeves refuses to rule out income tax rises in Budget
NeutralFinancial Markets
Chancellor Reeves has recently indicated a potential openness to raising income tax, a departure from the usual practice of keeping tax plans under wraps before the Budget announcement. This shift in tone is significant as it suggests that the government may be considering new fiscal strategies to address economic challenges, which could impact taxpayers and public services alike.
Read full article
via BBC News
Reeves kicks off hunt for £314,000-a-year-bank watchdog chief
Sky Newsa day ago
Reeves kicks off hunt for £314,000-a-year-bank watchdog chief
PositiveFinancial Markets
Rachel Reeves has officially begun the search for Britain's next bank regulator, urging experienced financiers to consider stepping up as candidates. This is significant as the role is crucial for maintaining financial stability and ensuring that the banking sector operates fairly and transparently. The appointment of a strong leader in this position could have a lasting impact on the economy and public trust in financial institutions.
Read full article
via Sky News
MoneyWeek news quiz: Will Reeves force you to buy UK shares?
MoneyWeeka day ago
MoneyWeek news quiz: Will Reeves force you to buy UK shares?
NeutralFinancial Markets
This week, there are rumors that the UK Chancellor may introduce a minimum share requirement for ISAs, which could significantly impact how investors approach their portfolios. It's an intriguing development that could encourage more investment in UK companies, but it also raises questions about individual choice in investment strategies. To test your knowledge on this topic and other financial headlines, check out MoneyWeek's news quiz.
Read full article
via MoneyWeek
NatWest boss warns against higher bank taxes as lender’s profits rise 30%
The Guardian2 days ago
NatWest boss warns against higher bank taxes as lender’s profits rise 30%
PositiveFinancial Markets
NatWest Group's CEO, Paul Thwaite, has expressed concerns about potential tax increases on banks as the lender reports a remarkable 30% rise in profits. He acknowledges the tough decisions facing Chancellor Rachel Reeves to address a £30 billion public finance shortfall but emphasizes the need for a balanced approach that fosters stability and growth. This discussion is crucial as it highlights the ongoing debate about fiscal policies and their impact on the banking sector and the broader economy.
Read full article
via The Guardian
Crisis Budget: Rachel Reeves Poised to Shatter Labour’s Tax Pledge
Finance Monthly2 days ago
Crisis Budget: Rachel Reeves Poised to Shatter Labour’s Tax Pledge
NegativeFinancial Markets
Rachel Reeves, the Chancellor, is set to break Labour's longstanding tax pledge in the upcoming crisis budget. This move is significant as it reflects the party's shift in economic strategy amidst challenging financial circumstances. The decision could impact public perception and voter trust, raising questions about Labour's commitment to its promises and the implications for future elections.
Read full article
via Finance Monthly
Ben Jennings on Labour and Brexit – cartoon
The Guardian2 days ago
Ben Jennings on Labour and Brexit – cartoon
NeutralFinancial Markets
Ben Jennings has created a thought-provoking cartoon that captures the ongoing discussions around Labour and Brexit. This piece not only showcases Jennings' artistic talent but also highlights the complexities of political sentiments in the UK. As Brexit continues to shape the political landscape, cartoons like this serve as a mirror to public opinion and provoke conversations about the future of the Labour party and its stance on Brexit.
Read full article
via The Guardian
Latest from Financial Markets
Trump sets 10% hike in tariffs on Canada after ad airs during World Series
Investing.com3 hours ago
Trump sets 10% hike in tariffs on Canada after ad airs during World Series
NegativeFinancial Markets
In a surprising move, President Trump has announced a 10% increase in tariffs on Canadian goods, coinciding with a controversial advertisement that aired during the World Series. This decision is likely to escalate tensions between the two countries and could have significant economic implications, affecting trade relations and prices for consumers. As the situation unfolds, many are left wondering how this will impact the already strained U.S.-Canada relationship.
Read full article
via Investing.com
Trump aims to clinch deal with China’s Xi during Asia trip
Investing.com3 hours ago
Trump aims to clinch deal with China’s Xi during Asia trip
PositiveFinancial Markets
During his trip to Asia, Trump is focused on securing a deal with China's President Xi Jinping. This meeting is crucial as it could pave the way for improved trade relations between the two countries, which have been strained in recent years. A successful agreement could benefit both economies and signal a new era of cooperation.
Read full article
via Investing.com
This mysterious billionaire and top Trump backer is behind a $130 million donation to pay troops during the government shutdown, report says
Fortune3 hours ago
This mysterious billionaire and top Trump backer is behind a $130 million donation to pay troops during the government shutdown, report says
PositiveFinancial Markets
A mysterious billionaire, known for supporting Trump, has made headlines with a remarkable $130 million donation aimed at paying troops during the government shutdown. This significant contribution is crucial as it addresses the financial strain on military personnel caused by the shutdown, highlighting the billionaire's commitment to supporting the armed forces in challenging times. Such actions not only provide immediate relief but also spark discussions about the role of private funding in public services.
Read full article
via Fortune
Being In an N.B.A. Player’s Entourage Is Fun. Now, It Can Be a Gambling Edge, Too.
The New York Times3 hours ago
Being In an N.B.A. Player’s Entourage Is Fun. Now, It Can Be a Gambling Edge, Too.
PositiveFinancial Markets
Being part of an NBA player's entourage has always been an exciting experience, but now it could also provide a unique advantage in the world of gambling. As the lines between sports and betting continue to blur, insiders are finding that their close relationships with players can offer insights that might influence betting decisions. This trend highlights the evolving landscape of sports betting and raises questions about ethics and fairness in the game.
Read full article
via The New York Times
Exxon sues California over climate disclosure laws
Investing.com3 hours ago
Exxon sues California over climate disclosure laws
NegativeFinancial Markets
ExxonMobil has filed a lawsuit against California, challenging the state's new climate disclosure laws. This legal action raises significant concerns about transparency and accountability in the oil industry, especially as climate change becomes an increasingly pressing issue. The outcome of this case could set a precedent for how companies disclose their environmental impact, potentially influencing regulations across the country.
Read full article
via Investing.com
British Airways pulls Louis Theroux podcast sponsorship after Bob Vylan interview
The Guardian3 hours ago
British Airways pulls Louis Theroux podcast sponsorship after Bob Vylan interview
NegativeFinancial Markets
British Airways has decided to end its sponsorship of Louis Theroux's podcast following a controversial interview with Bobby Vylan, the lead singer of the band. The airline stated that the interview breached its policy on politically sensitive topics, highlighting the challenges brands face when navigating public discourse. This decision not only impacts the podcast's funding but also raises questions about the limits of corporate sponsorship in creative spaces.
Read full article
via The Guardian