Will Rachel Reeves' Spring Forecast tackle cash ISA hoarding?

'Too many people are unthinkingly hoarding cash'

clock • 3 min read

If we're serious about improving the nation's financial resilience and encouraging a move away from cash hoarding, the government should focus on simplifying ISAs, writes Laura Suter

Rachel Reeves is in a pickle, to put it politely. In less than two weeks she's heading out to deliver her second economic update for the country and things aren't looking as rosy as she'd like. The news of an unexpected slump in UK economic growth isn't going to help matters, and I suspect the inflation data that's released on the morning of her speech won't give her much source of joy either – with higher employer costs, energy costs and other price rises likely to mean the figure rises again. With this backdrop, there's been lots of speculation of what her announcement will bring ...

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