Why the next government should ditch the British ISA

British ISA failed to get a mention in Labour or Tory manifestos

clock • 3 min read

Laura Suter assesses the future of the British ISA, an item distinctly missing from both the Tory and Labour manifestos, and says it should be 'consigned to the policy dustbin'

One thing missing from both main parties' manifestos was any mention of the latest ISA that the Tories were planning to launch. The British ISA (or UK ISA as it's also been branded) didn't get a single mention in either manifesto. While it didn't get the consultation finished and legislation signed off ahead of the election, it's safe to assume that the Conservatives would push ahead with the launch of the British ISA (I can't bring myself to call it the Brisa) if they were voted in on 4 July. Labour's position is trickier to discern – they haven't explicitly said they will keep th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on ISAs

Cultural shift: Preparing for ISA simplification

Cultural shift: Preparing for ISA simplification

'Trying to pre-empt changes in tax policy based on rumours is a dangerous game'

Toby Larkman
clock 23 September 2025 • 4 min read
Savers poured £103bn into cash ISAs in 2023/24

Savers poured £103bn into cash ISAs in 2023/24

Figures likely to have ‘caught chancellor’s eye’

Jenna Brown
clock 18 September 2025 • 3 min read
Royal London launches first Stocks and Shares ISA

Royal London launches first Stocks and Shares ISA

‘Growing interest’ in ISA savings options

Isabel Baxter
clock 17 September 2025 • 2 min read