Last year 12 million Brits used their ISA to put money aside tax free. That means millions of ordinary families doing the right thing by saving for their future, benefitting from a simple, secure place to save and invest without the worry of complex taxes down the track.

Since 1990, ISAs have sparked a revolution in savings and investments, allowing Britain to take a tax-free stake in the boom of the internet and tech and now benefit from the growth in AI and green tech across the world.

ISAs are the tax-free way for Brits to save for a deposit to get on the housing ladder and have been a leg-up to home ownership for millions.

Savers need to be secure in knowing that their nest egg is safe and that they’re backed by the Government to invest in their family’s future.

In some sections of the media there have been growing calls to radically change how much people can save in ISAs and dramatically limit what they can invest in.

This is the wrong direction for Britain and risks endangering the savings of millions of families, bringing thousands of households into the world of high and complex taxes on their investments.