RE: Risky Gamble Investing4 Mar 2025 20:14
Hmg still trying to get people to invest in companies such as this as opposed to holding funds in a bank account. Have they actually seen what happens/-. this share is a good example inmo.
Asked in the House of Commons about the future of the Cash ISA, Reynolds said: “Cash savings provide a valuable source of savings for a rainy day, we recognise that. But equally, we want to build a better investment culture in our society, so that it’s not just the 8 per cent of people who can afford financial advice who can have the opportunity of better rewards by investing in British companies and others in our economy.”
Reeves has reportedly told City firms that she will not follow their advice to scrap the Cash ISA, leaving the riskier Stocks and Shares ISA as the main vehicle for tax-free savings.