Sorry this one is a little later than planned.
I was going to send it this morning, but after the news around Keir Starmer resigning, I wanted to see how markets reacted first.
And today, markets are red. Even South Korea's market has crashed today...(don't think its related to us though)
Which tells you something very simple:
Markets hate uncertainty.
It does not matter whether it is politics, interest rates, inflation, war, tax changes or a new Chancellor. The stock market does not like not knowing what comes next.
And that is exactly where UK savers and investors are right now.
Starmer may be going, but the ISA changes have not disappeared.
From April 2027, under-65s are still expected to see the Cash ISA allowance cut from £20,000 to £12,000, while the overall ISA allowance remains at £20,000.
Now, I understand the idea behind pushing more people towards investing.
Long term, investing is usually where real wealth is built.
But here is the problem.
