However, investment firms said that new data showed UK savers were "paying the price" for playing it safe because putting money into the stock market can generate much higher returns.
With discussions taking place about the future of cash Isas, some have cast doubt on the idea that cutting tax breaks on the accounts would prompt more people to invest their cash in British companies, as the chancellor, Rachel Reeves, seems to be hoping.
Instead, the suggestion from some providers is that it could merely intensify British investors' love affair with big US tech companies and lead to even more UK cash being ploughed into the shares of companies such as Apple, Amazon, Meta (owner of Facebook), Microsoft and Tesla.
The government is being lobbied by some fund managers to cut the tax breaks on cash Isas, which are used by almost 8 million savers each year.
Last week, it emerged that ministers are considering a proposal to cut the maximum that people can put into cash Isas, from £20,000 a year down to £4,000.
この記事は The Guardian の March 01, 2025 版に掲載されています。
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この記事は The Guardian の March 01, 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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