At least one Telegraph journo, Michael Deacon, does satirise our current leaders. He picked out a remark from a recent Boris speech, that, as well as clapping for carers, we should ‘applaud those who make our NHS possible, our wealth creators, capitalists and financiers…’. As Deacon says, it’s a lovely thought, but there would no doubt be one or two killjoys who’d refuse to join in: ‘It’s just gesture politics. If we really care about our stockbrokers, let’s give them a proper pay rise’. Anyway. Good to know those at the top both have their finger on the national pulse and care about those of us at the coal face of pension planning and IHT mitigation. I assume IFAs, too, would get a bankers’ clap?
“Reeves backs down on plans to cut ISA limit”
So it looks as though Cash ISAs are safe for the moment (FTM – is that a thing?) Rachel has apparently ‘bowed to pressure’ from the banks and building societies and decided not to reduce the allowance to £4,000 for cash and to keep the £20,000 parity with Stocks and Shares ISAs. Bowed also to common sense, I’d say.
