We were talking over dinner about the shutdown of everything and self-isolation that’s more than likely to happen in a week or two. “It’ll be like one long snow day” my daughter wisely said. I can just remember the winter of ’63, which was one very, very long snow day. My parents had to abandon the Ford Anglia on the way home on Boxing Day and we and most of the country were then stuck at home for weeks. I guess the war was only as far away as 2002 is now and the maybe Blitz spirit lingered on. But actually, this will be like a hard winter in many ways. Just warmer and no snowballs.
“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.
