More than half of the UK’s financial advisers believe that increasing the ISA allowance above its current £20,000 limit would significantly boost investment in stocks and shares ISAs.

The government could cut the cash ISA allowance to encourage more people to put money into stocks and shares ISAs to boost investment, it suggested today.

The Treasury is to consult on a range on new measures to crackdown on promoters of tax avoidance schemes as it seeks to boost tax revenue.

Chancellor Rachel Reeves told MPs today that GDP growth should pick up to 1.9% next year but said that the forecast for GDP growth this year has been halved by the OBR from 2% to 1%.

Chancellor Rachel Reeves has urged Britain’s regulators to “tear down” barriers to promote business growth.

Chancellor Rachel Reeves is today pressing regulators to do more to boost UK growth in the face of disappointing GDP figures.

The financial services sector has seen a sharp fall in optimism since Chancellor Rachel Reeves’ first Budget in October, according to the latest quarterly CBI Financial Services Survey.

Chancellor Rachel Reeves delivered her first Mansion House speech on the evening of Thursday 14 November 2024. This is the full text of the speech exactly as delivered, as supplied by the Treasury.

Over the past 24 hours, coinciding with her Mansion House speech, Chancellor Rachel Reeves has announced at least 12 significant financial services reforms.

Chancellor Rachel Reeves has promised “transformational change” to advice and guidance in a sweeping series of financial services reforms announced in her Mansion House speech last night.

Chancellor Rachel Reeves will outline plans for pension ‘megafunds’ this evening at her Mansion House speech as she seeks to increase investment in the UK.