❌

Normal view

Healey poised to overturn cut to cash Isa allowance in first budget

Chancellor’s predecessor Rachel Reeves had planned to reduce allowance from £20,000 to £12,000 a year from April

John Healey is to use his first budget to ditch plans to slash the annual cash Isa allowance, the Guardian understands, preferring a carrot rather than a stick to encourage people to invest more in shares.

City experts welcomed news that the chancellor will overturn a decision by his predecessor, Rachel Reeves, to cut the allowance from £20,000 to £12,000 a year from April to get more money flowing into UK company stocks.

Continue reading...

© Photograph: Tetiana Chernykova/Alamy

© Photograph: Tetiana Chernykova/Alamy

© Photograph: Tetiana Chernykova/Alamy

Behind Italy’s Protests: Rising Prices and Sinking Hopes

Inspired in part by French demonstrations, protests in Italy by students in the north and truckers in the south could affect national elections next year.

© Piero Cruciatti/Agence France-Presse — Getty Images

Demonstrators clashed with police in Milan this month.

Alexander Brothers Sentenced to 30 Years Each for Sex Trafficking

The three siblings used their wealth and influence to lure and sexually assault women for more than a decade. Eleven of the victims spoke on Tuesday before the brothers were sentenced.

© Kent Edwards/Reuters

Alon, Oren and Tal Alexander were arrested in December 2024 and found guilty earlier this year of sex trafficking and other charges.
❌