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Chancellor John Healey urged to abandon ISA crackdown ahead of Budget

Chancellor John Healey is being urged to abandon a proposed crackdown on tax-free savings, which campaigners suggest would negatively impact savers and investors.

  • Chancellor John Healey is due to deliver his first Budget in two weeks.
  • There is a call for an urgent announcement regarding tax-free savings.
  • A proposed crackdown on cash ISAs is seen as potentially hitting savers and investors.

Chancellor John Healey is facing calls to abandon a proposed crackdown on tax-free savings, ahead of his first Budget in two weeks' time. Campaigners argue that such a move would negatively affect both savers and investors.

An urgent announcement regarding tax-free saving is being sought, with concerns raised over the potential impact of changes to cash ISAs.

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