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City welcomes reports Healey will reverse cuts to cash Isa allowance in the budget – business live

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Rolling coverage of the latest economic and financial news What to expect from John Healey’s first budget: who wins, who pays? Budget 2026: six charts that reveal the economic realities facing the chancellor City experts are welcoming reports that chancellor John Healey will scrap plans to slash the annual cash Isa allowance from £20,000 to £12,000 a year. According to the Financial Times, Healey had concluded that this is the wrong way to persuade people to invest more in stocks and shares. “Rachel Reeves’ ISA reforms were a car crash, lamented by most of the retail investment industry, who c

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