Economy and TradingPolicy

UK Chancellor Considers Mandatory Domestic Equity Holdings in Major ISA Reform

Chancellor Rachel Reeves is reportedly considering a major ISA reform that could require minimum investments in UK companies alongside potential stamp duty relief. The proposed changes would mark the most significant shake-up to Britain’s tax-free savings regime in over 25 years, according to sources familiar with the discussions.

Major ISA Overhaul Under Consideration

Chancellor Rachel Reeves is reportedly developing plans for a comprehensive reform of Individual Savings Accounts (ISAs) that could include mandatory minimum holdings in UK companies and stamp duty tax breaks, according to sources familiar with Treasury discussions. The proposed changes would represent the most significant shake-up to Britain’s tax-free savings regime in more than 25 years.

GovernmentPolicy

UK Government Releases Evidence in Dropped China Espionage Case

The UK government has published evidence from the collapsed case against two men accused of spying for China. Witness statements from the deputy national security adviser reveal assessments about China’s threat level to national security.

Government Releases Evidence in Collapsed Espionage Case

The UK government has published witness statements submitted in the now-collapsed case against two men accused of violating the Official Secrets Act while allegedly spying for China, according to reports from legal sources. The case against Christopher Cash, a former parliamentary researcher, and Christopher Berry was unexpectedly dropped by the Crown Prosecution Service last month, with both men having consistently denied the allegations.