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ISA limit decreasing to 1000?

Was just speaking to a guy in HBOS who suggested that the ISA limit was going to be decreased to 1000 as of april, has anyone else heard anything similar, or whether or not there will be a replacement product?

TIA
Ant

Comments

  • lipidicman
    lipidicman Posts: 2,598 Forumite
    [font=arial,helvetica,sans-serif]'Brown extends Isa limits to 2010[/font][font=arial,helvetica,sans-serif]'
    http://www.guardian.co.uk/budget2005/story/0,15595,1439164,00.html

    The bloke in HBOS should know better!
    [/font]
  • Midas
    Midas Posts: 597 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    lipidicman wrote:
    [font=arial,helvetica,sans-serif]
    The bloke in HBOS should know better!
    [/font]


    Quite. What kind of people are they employing! If they aren't aware of even though most basic financial information that you can pick up from reading the financial pages of The Sun they should maybe be looking for a career change...
    ;)
    Midas.
  • fourmi
    fourmi Posts: 16 Forumite
    Excellent, just starting up thinking about this stuff, i guess i'll start with the sun myself ;)

    cheers!!

    ant
  • JCL
    JCL Posts: 574 Forumite
    Debt-free and Proud!
    Hadn't been aware of the u-turn. Good to see 'New' Labour do something good for savers for once!
    MFW 2015 #41 = £20,515/£20,515
    MFW 2014 #41 = £26,100/£25,000
    MFW 2013 #41 = £10,000/£10,000
    Original MF date = May 2036 - MF achieved on 15 June 2015
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