'It's a dumb policy... it's like saying you're going to tax only £10 notes.' Rumours are swirling that Rachel Reeves is going to tax cash sitting in ISAs. Ben Kumar and Chris Justham tell @TomSwarbrick1 that they aren't too keen.

Someone is going to look like a donkey. The NFL draft is the story of the ultimate accountable decision. We get to see who succeeds and who fails. That is why it is such a fascinating place to learn about the art (or not) of decision-making theonlystoryintown.com/p/som…

I've warned about the risks of conflating the goals of pension savers with govt since the first 'Mansion House' speech. @Jeremy_Hunt threatened "further action" if UK allocations didn't rise in his 2024 budget speech - most read that as "do this voluntarily or we'll make you"...

Govt may not have pulled the trigger but gun is fairly clearly pointed at the head of pension schemes. For what reason if not to ‘nudge’ them to invest how the Govt wants?

The Only Story in Town. Coming soon...

Exclusive: ISA providers have stepped up their warnings over Rachel Reeves's limits on cash ISAs, warning in "heated" talks with Treasury and HMRC officials today that the plans risk driving investors away from, rather than towards, the UK stock market. news.sky.com/story/industry-…

In a crowded field “a wealth tax” is a phrase I’d like to see sunset. The UK has quite a few wealth taxes - including IHT and CGT. What these genuine economists don’t do is put a new tax on wealth in context of existing levies. For example Norway’s annual wealth tax came after its Inheritance Tax was abolished. If the UK wants a sensible public policy debate then all taxes on wealth should be in scope - and so cover the (probable) merits of moving from an event driven tax (at sale, death) to a recurring annual levy.

Can someone please explain to me why over 65s need to be exempt from the Cash ISA allowance cut? Beyond appeasing older voters? Logically, if you're retired, surely you're drawing down assets rather than maxing out your Cash ISA allowance...?

Apparently the House of Lords Science & Technology Committee thinks the average UK pension saver would be upset to learn that their pension was invested in the S&P 500 (92.95% growth since 2021) instead of working for Britain in the FTSE 250 (23.27%).

Completely ignores the key point that a MASSIVE part of the backlash to cutting pensions tax-free cash would come from the public sector. Strikes, including among doctors in the NHS, would be inevitable. telegraph.co.uk/money/pensio…

Excellent piece by @DanNeidle on the 'British ISA'. No obvious benefit to investors or the UK, huge extra complexity in the ISA system. Depressing that energy is being spent pushing back on daft ideas like this rather than simplifying. thetimes.com/business-money/…

A "British ISA" was a terrible idea when the Conservatives were thinking about it, and it remains a terrible idea today.

Circa 40-50% of ISA investments are held in UK stocks or UK-focused funds. If @RachelReevesMP prioritises making it as easy as possible for people to invest then UK will benefit. No need for daft tinkering with allowances / rules - consumer-focused simplification is the answer.

Scoop: Rachel reeves revives plans to cap cash ISAs in the budget, in an attempt to funnel more money into London-listed stocks. With @GeorgeWParker ft.com/content/93879eba-d742…

Opinion: Tax-free cash take unlikely in Reeves’ second Budget on.ft.com/4n7XJR0

Over 15,000 signatures to @ajbell’s Pension Tax Lock petition in just two weeks. Add your name and send a message to @RachelReevesMP that pensions instability needs to end, now petition.parliament.uk/petit…

He's running... @PensionsMonkey

Pensions are once more under threat in the Budget. A raid on pension lump sums wouldn't be a tax on fat cats but a penalty on ordinary people saving - responsibly -for later life. Find out more in this piece from @JPFordRojas (with a link to the petition) live-uk.andweb.dmgt.net/news…

“Individuals contribute to a pension in good faith and should not be subject to endless speculation.” ftadviser.com/pensions/2025/…

AJ Bell calls on government to guarantee pension tax incentives moneymarketing.co.uk/news/aj…