Spending & Earning

UK Chancellor Reeves Set to Review ISAs Within Weeks, FT Reports

The UK Chancellor of the Exchequer Rachel Reeves is preparing to launch a review of the market for Individual Savings Accounts within weeks, the Financial Times reportedBloomberg Terminal Saturday.

The consultations on possible changes to Britain’s ISA regime are set to begin in the coming weeks across London’s financial district, with a Treasury paper expected to be launched at Reeves’ Mansion House speech in July, the newspaper cites people familiar with the plans as saying.