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Explained in plain English

What is a Cash ISA?

A Cash ISA is a type of savings account in the UK where the interest you earn is completely free from tax. It's a popular way for people to save money without having to worry about the taxman taking a slice of their earnings, up to a certain annual limit set by the government.

Stories that explain this

Cash ISA limit cut to £12,000 for under-65s from April 2027 Cash ISA allowance cut to £12,000 next April for under-65s

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Who is Andy Burnham? What are equities? How do equities stimulate growth? Global savings trends How do ISAs help the economy? Why is my allowance changing? What are Stocks and Shares ISAs? Why are they changing the limit?

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