From time to time, I’ve run a credit check on myself, even if I don’t want to borrow money (I know, a bit like putting on a suit to sit around at home. Is it just me?) Anyway, just tried it again, and I’m proud to say that my credit score is currently better than that of our whole nation. According to rating agency Moodys, economic growth is low, the government’s making a mess of things and we won’t have the EU to bail us out. Bear in mind, however, that it was Moodys which gave Lehmans an ‘A’ rating until the day before they went bust in 2008. And they’re American.
“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.
