Are ISA Changes Still To Come…? | Spring Statement.

Today Rachel Reeves announced her Spring Statement on various government spending changes and fiscal plans for the future. Rumoured changes to the Cash ISA was off limits, with Cash ISA allowances remaining in tact, at least for now. The Office for Budget Responsibility also provided a report based on the latest fiscal plans from the UK government, which highlighted changes to UK economic growth rates for the future. Inflation data also came out this morning which we’ll touch upon! And i’ll also share the reaction that the UK stock market (FTSE100) had to the Spring Statement. Let's talk about it!

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#SpringStatement #UKEconomy #StockMarket

*Disclaimer: When Investing your capital is at risk.*

*Disclaimer: All ideas presented within this video are that of my own based on my own opinions. Please do not consider any of these videos as financial advice as I am NOT a financial advisor. All financial decisions and choices made are solely your responsibility. The views shared in this video are just for entertainment purposes only. When investing, your capital is at risk and can go up in value as well as down in value. You should consult a suitably qualified professional when seeking out investment advice in order to fully understand the risks associated with investing. Do your own research.*

[MitchShoesmith]

What are your thoughts on the Spring Statement? 💭

[dean]

They could reduce the cash isa limit to two quid if they wanted dosent mean people will want to invest in the uk. Uk investers will only invest more into the economy when the government give them more confidence to do so in my eyes.

[koalabumismine]

The idea of more houses being built on our limited farmland and beautiful countryside is very sad to imagine… already seeing it :/

[TROZJAN]

If they want us to invest in uk products they should increase is bye £5000 with the extra £5000 only been allowed if investing in uk stocks

[spamgwin]

I don’t care about cash isas. I don’t save “pounds”. I’m worried about stocks and shares isas.

[casey]

Sounds like the changes could end up being cash ISA.. hope to god they leave stocks and shares isa alone.

[BernardJohnathan]

With all the talk about ISA limits and tax changes, it feels like the government’s pushing us toward investments. But where do we even start?

[TROZJAN]

Lowering cash isa would kill my long term investing before it has begun I’m 43 I need it to stay at 20k to hopefully build ok port folio bye time retire

[mitchverr]

I have a question on ISAs, say I have used the full £20k limit on the shares ISA and buy a bunch of stocks and one of them balloons to a point I think its overvalued and sell, EG make £5000 profit. Would that £5000 remain in the shares isa and allow me to reinvest it into the markets tax free or would I be forced to removed it?

[IwasBraveForWholeSeconds]

Jesus Just leave it, after the mental breakdown from everyone was pointless, wasn't it... If you got money in ISAs don't move it and it'll be safe.