Increase the ISA limit - £20k for cash ISA's and £20k for stocks & shares ISA's

Background

We think increasing the ISA limit to £40k and splitting it into two will give UK residents the chance to save and invest. We think this would support both saving and investing in the UK

Additional details

There have been reports the Government is considering reducing ISA's. We think splitting the ISA into two, £20k for cash ISA's and £20k for stocks and shares ISA's could protect and reassure early savers that their money is safe in the banking system. We think it would give residents the chance to save and invest each year.

Where it’s popular

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