In keeping with the FT, Labour is planning to desert the present GB ISA marketing campaign, a U-turn on its election pledge when a Labour spokesperson stated the occasion had “no plans to drop the British ISA”.
The GB ISA was a headline coverage of the previous authorities’s Spring Funds, and was proposed as a strategy to enhance retail funding within the UK market, with account holders given a further £5,000 a yr to take a position solely in UK corporations.
This is able to have been along with the present annual ISA allowance of £20,000.
‘Useful change’ or ‘political stunt’?: The talk on the Nice British ISA an…