Rachel Reeves, the Labour MP, has sparked controversy with her comments on the £4,000 Cash ISA limit. In this video, we dive into her thoughts on the matter and what it could mean for your savings. With the current ISA limit standing at £20,000, Reeves' proposal has left many wondering if it's a step in the right direction or a blow to savers. We break down the implications of a reduced ISA limit and what you need to know to make the most of your hard-earned cash. Whether you're a seasoned investor or just starting out, this video is for anyone looking to stay ahead of the curve and make informed decisions about their financial future.
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0:00 Rachel Reeves Speaks
2:07 cash ISA vital When you retire and need emergency fund
2:57 When you're planning for future care costs
3:24 When you're saving for a property deposit
3:55 When you have money set aside for a tax bill
4:34 When you inherit
4:58 When you expect your circumstances to change