As the UK enters the 2025/26 financial year, Chancellor Rachel Reeves unveils key fiscal reforms aimed at addressing fiscal challenges and driving long-term growth across taxation, public investment, and welfare.
Despite their potential for higher returns, Stocks and Shares ISAs saw a decline in subscriptions, highlighting a need for improved financial literacy and awareness among UK investors.
Vanguard's new £4 monthly minimum fee from January 2025 affects investors with balances under £32,000. While competitive for larger portfolios, smaller investors may face higher costs, potentially impacting compounding growth and prompting a review of alternative platforms.
After receiving a pay rise, prioritize building an emergency fund, paying off high-interest debts, increasing pension contributions, maximizing ISA allowances, and reviewing discretionary spending for long-term financial health.
This guide details Cash ISAs, emphasizing their tax benefits, safety, and ease of access, while comparing them to other ISAs and helping individuals select the best option based on their financial goals.
