You can’t keep a good (or bad) company down. The fag-makers looked doomed when pubs banned smokers and we all started giving up. They soon had a new lease of life, so to speak, from zillions of dedicated smokers in Russia and China. And now, you have to say very cleverly, they’re jumping on, or gently lying down and chilling in, the cannabis bandwagon. Tobacco companies have traditionally been excluded, of course, from ethical funds; which could be a future dilemna for a certain demographic of ley-line-dwelling investor…
“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.
