John Blowers, managing director of Investegate, mentioned: “With more than £700bn now held by UK investors in these tax-exempt ISAs, government consensus seems to be that the deal is just too good. So rather than perhaps encouraging those investors with bountiful portfolios to start looking at backing the UK growth companies Mr Hunt is so keen to promote, he has instead elected to pull up the drawbridge and leave the allowance unchanged for another year.”
Content Source: www.customary.co.uk