The UK chancellor said in their first budget the annual tax-free cash ISA allowance will remain at £20,000 (about $26,570), reversing a planned reduction. Former chancellor Reeves had proposed cutting the cash ISA allowance for under-65s to £12,000 f

2026-10-28

The UK chancellor said in their first budget the annual tax-free cash ISA allowance will remain at £20,000 (about $26,570), reversing a planned reduction. Former chancellor Reeves had proposed cutting the cash ISA allowance for under-65s to £12,000 from next year to channel savings into UK equities. The decision is expected to be welcomed by consumer groups and banks; stable ISA deposits should support mortgage funding for banks and building societies.

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2026-10-28

Huayuan Securities assistant director of research and chief fixed-income and banking analyst Liao Zhiming said China’s A-share market may have entered a new allocation window after sustained pullbacks. He cites simultaneous improvement in four condit

2026-10-28

UK Chancellor John Healey will abandon a proposal to cut the Cash ISA annual allowance from £20,000 to £12,000, the Financial Times reports. People familiar with the matter said Healey concluded using tax breaks reductions to push savers into equitie