@[email protected] has moved on Nostr: I wonder if Rachel Reeves delay on trying to get people to switch out of their cash ...

I wonder if Rachel Reeves delay on trying to get people to switch out of their cash ISAs into stocks & shares ISAs has anything to do with their relative returns in the first 10 weeks of this year.

So, cash ISAs have continued to accrue returns for savers, but stocks & shares ISAs, not so much (having likely moved into negative/shrinking territory), and for now making a mockery of the financial services position - and talking about long-term returns won't really soften that blow!

#economics