I’ve written before about a certain fund manager who sold investments two years ago, predicting an end-of-the-world-as-we-know-it crash. He’s painted into a corner, as a u-turn would blow his credibility for good. Surely, seeing the emerging shambles, even the most radical Brexit Jihadis in government and your at local golf club bar would do a three-pointer if they could without losing face? The original Mr ‘We’ve All Had Enough Of Experts’ Gove is employing plenty in his new role as the Green Man. Real experts at the OECD, who have no axe to grind nor forked tongue to speak with now say we’d be far better off reversing Brexit with a second referendum. Which would happen. But then I would say that, wouldn’t I?
“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.
