Chancellor Jeremy Hunt is considering significant Isa reforms to encourage individual savers to invest in the UK stock market. Proposed changes may include additional tax-free allowances for investing in UK companies and merging stocks and shares ISAs with cash ISAs. This initiative aims to attract more capital to London-listed companies and boost the UK’s investment landscape.

Quote by Nigel Holland

  • Chancellor considering Isa reforms to promote investment in UK stock market.
  • Options include tax-free allowances for UK company investments and merging ISAs.
  • Aims to counter British businesses favouring the US over the UK.
  • Hopes to steer savers toward stocks and shares ISAs, increasing City investment.
  • Reforms may encourage hi-tech start-ups to stay in London; no firm decisions before Autumn Statement.