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Financial Markets
Action urged to halt exodus of firms leaving UK
negativeFinancial Markets
The head of the CBI is sounding the alarm about companies fleeing the UK and is proposing a controversial fix: trimming cash ISA allowances to nudge people toward investing in stocks instead. The idea seems to be about redirecting personal savings into the economy to make the UK more attractive to businesses—but it’s bound to spark debate, especially for savers who rely on the safety of cash ISAs.
Editor’s Note: This isn’t just about tinkering with savings accounts—it’s a sign of deeper worries over the UK’s economic competitiveness. If businesses keep leaving, it could mean fewer jobs, weaker growth, and a tougher future. But the solution on the table? It’s a gamble, and not everyone will like the trade-off between encouraging investment and cutting back on a popular, low-risk savings option.
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Learn moreLive Stats
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211
Last Updated
20 minutes ago
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