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.

Economy and TradingGovernment

UK Economy Shows Modest Growth Amid Budget Uncertainty and Trade War Concerns

Britain’s economy returned to marginal growth in August with 0.1% expansion, official data shows. The modest recovery comes as Finance Minister Rachel Reeves prepares her November budget amid ongoing economic challenges and international trade tensions.

UK Economy Records Modest Growth Amid Budget Preparations

The UK economy returned to growth in August with a marginal 0.1% expansion from July, according to official data reported by Reuters. The slight improvement offers some relief to Finance Minister Rachel Reeves as she prepares her November budget, though previous data for July was revised downward to show a 0.1% contraction instead of remaining unchanged.