While Jeremy Hunt pledged to maintain the triple lock on state pensions and talked of giving employees a pension "pot for life", ISA allowances were held at £20,000.
That news was buried on page 88 of the Autumn Statement on Wednesday.
Increasing the allowance in line with inflation would see it at about £25,000 a year now. ISAs are often used by those saving for a home deposit.
According to the Government's own figures, the cost of ISA tax relief in 2018-2019 was £3.3 billion.
Evening Standard analysis suggests that would be £1 billion more now if they had upped the allowance allowing for market growth.
Bu hikaye Evening Standard dergisinin November 24, 2023 sayısından alınmıştır.
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Bu hikaye Evening Standard dergisinin November 24, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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