The improvements made in the Budget were supposed to reinvigorate Cash ISAs, but leading banks and building societies seem to be doing their best to undermine the changes.
Cast your mind back to March. Inflation was falling, making it easier to make a ‘real return’ on your savings and the ISA rules were changed, allowing savers to shelter up to £15,000 each year from the taxman.
There was even talk of interest rates rises!
Fast forward to August. The Bank ...