Healey poised to overturn cut to cash Isa allowance in first budget

Chancellor’s predecessor Rachel Reeves had planned to reduce allowance from £20,000 to £12,000 a year from April Business live – latest updates What to expect from the budget: who wins, who pays? John Healey is to use his first budget to ditch plans to slash the annual cash Isa allowance, the Guardian understands, preferring a carrot rather than a stick to encourage people to invest more in shares…