Written Question·Treasury·UIN 64165

Individual Savings Accounts

Tabled: 1 July 2025

Answered: 7 July 2025

Question

Josh Babarinde

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of a reduction in the annual tax-free cash ISA allowance on people in (a) Eastbourne and (b) the UK.

Answer

Emma Reynolds

The Government is committed to incentivising greater saving and investment. Individual Savings Accounts (ISAs) help people save for their future goals and build greater financial resilience. The Government recognises the important role that cash savings p...

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