Category: ISA
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Labour scraps plan for ‘British Isa’ aimed at boosting UK stock investment
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The Labour government is expected to abandon plans to create a “Britain Savings Account”, a scheme initially proposed by the previous Conservative administration to encourage investment in British shares. The move comes amid concerns that the initiative could complicate the individual savings account market rather than effectively support UK stocks.…
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British ISA Plans in Limbo Following Sunak’s Election Call
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The government’s major initiatives to reform the city, including the launch of the UK ISA and the Pisces private market, are facing uncertainty following Prime Minister Rishi Sunak’s decision to hold a snap election in July. Over the past two years, ministers have sought major changes to city policy, but…