RE: Labours possible view on bank "windfall" tax......29 Aug 2025 10:46
100% this stuff is leaked to see what reaction it gets. It's exactly what Trump does in the US - shouts things out and then runs with what strikes with the uneducated masses. In Labour's case though it is, I think, even more disingenuous. I don't think there is any doubt at all they were seriously considering reducing the Cash ISA limit - with a view to encouraging the population to embrace investing as they do in the US. You cannot do that and then look to tax the one groups of share that are most commonly invested in by retail investors. The mixed messages are just ridiculous. This government means it is impossible to plan for anything. Those of us who are doing what we have always been told good citizens should do - save and invest money to pay for our retirement - are getting smacked in the face on a daily basis at the moment. I have to say, it is getting wearisome to say the least.