In one of Chancellor Rachel Reeves's last acts before she is set to leave Number 11, she unveiled the tax which will hit those who keep cash in their investment Isas.

HMRC has revealed plans for the UK’s new ISA regime, which will see it tax interest on cash held in stocks and shares ISAs at 22 per cent

Treasury also promises a new first-time buyer Isa with no upper age limit, as the ‘age at which a first home is bought is rising’