Reeves’s plan to cut cash Isa limit could raise mortgage rates, say finance bosses

Chancellor Rachel Reeves is set to announce a budget aimed at addressing the UK's cost of living crisis, a pivotal moment for the Labour government led by Keir Starmer. The budget, scheduled for November 26, is expected to include significant tax increases to cover a £20 billion spending gap and to stabilize the economy amidst lower growth forecasts.

The Chancellor is set to announce a comprehensive budget today, which is expected to include a range of tax increases aimed at stabilizing public finances while fostering economic growth. This comes amid rising concerns about the UK's financial outlook and the need for fiscal adjustments.

UK Chancellor of the Exchequer Rachel Reeves is set to unveil her second budget on November 26, 2025, after a period of preparation that has included consultations with both bond-market investors and Labour Party backbenchers. This budget is anticipated to address pressing economic challenges, including a potential downgrade in growth forecasts for the next five years due to previous government policies.

Chancellor Rachel Reeves is preparing for a crucial budget announcement amid deep unpopularity and concerns from Labour MPs. The upcoming budget, scheduled for November 26, is seen as a pivotal moment for Reeves, who faces pressure to address fiscal challenges while maintaining party support.

Chancellor Rachel Reeves is rumored to be planning a reduction in the cash ISA allowance in the upcoming Autumn Budget, which could significantly hinder savers' ability to accumulate a £1 million cash ISA pot, potentially extending the time required to reach this goal to as long as 48 years.

Chancellor Rachel Reeves is set to unveil her second Autumn Budget on November 26, 2025, amid significant scrutiny and anticipation regarding potential tax hikes and spending cuts. This budget follows extensive consultations with bond-market investors and Labour Party members, reflecting the government's efforts to address pressing economic challenges.

Chancellor Rachel Reeves is preparing to unveil her second Autumn Budget on November 26, 2025, amidst significant public and political scrutiny regarding potential tax hikes and spending cuts. This budget follows extensive consultations with bond-market investors and Labour Party members, reflecting a response to the ongoing economic challenges facing the UK.

Rachel Reeves, the UK's chancellor, is preparing to announce a budget that is expected to include significant tax and spending measures, amid her challenging tenure marked by low popularity and economic scrutiny. This budget is seen as a critical test for her leadership as it comes at a time of heightened economic uncertainty and declining consumer sentiment.