Rachel Reeves savaged over 'fantasy politics' after Cash ISA plan rubbished

Dariusz Karpowicz, Director at Albion Financial Advice, said the Chancellor's potential cash ISA allowance cut might fill Treasury coffers, but it is unlikely to lay many bricks in Labour's ambitious housing plans. He added: "While the UK's generous £20,000 ISA limit is indeed an international outlier, shrinking it won't magically conjure up 1.5 million new homes. "The real concern lies in declining building approvals - a fundamental disconnect between fiscal tinkering and the concrete reality of Britain's housing crisis. "For the Government's pledge to stand on solid ground, they'll need more than just ISA adjustments in their architectural blueprint."