Economy and TradingEnergy Policy

UK Chancellor Proposes Major ISA Reforms to Boost Domestic Investment

Chancellor Rachel Reeves is reportedly planning the most significant ISA reforms in over 25 years, including potential minimum UK equity allocations and stamp duty exemptions. The proposed changes aim to redirect British savings toward domestic companies and revitalize the London market ahead of the November budget.

Major ISA Overhaul Under Consideration

Chancellor Rachel Reeves is reportedly developing sweeping reforms to Britain’s tax-free ISA regime that could include mandatory minimum holdings in UK companies and stamp duty exemptions, according to sources familiar with Treasury discussions. The potential changes represent the most significant shake-up to the popular savings vehicle in more than 25 years.

Energy PolicyGovernment Operations

White House Eliminates CDFI Fund Staff: Impact on Small Business Capital Access

The White House administration has eliminated all staff positions at the Community Development Financial Institutions Fund, a crucial small business capital program. This sweeping Treasury Department reduction removes 1,400 positions, potentially devastating economic development in underserved communities across the United States.

The White House administration has executed sweeping personnel reductions at the Treasury Department, eliminating the entire staff behind a critical small business capital program. The decision to dismantle the Community Development Financial Institutions Fund workforce represents one of the most significant cuts to federal economic development programs in recent history.

Massive Treasury Department Staff Elimination