Call to raise limit on cash Isas

Britain's biggest building society is urging the Government to use next month's Budget to double the amount that hard-pressed savers can place into cash Isas.

Nationwide said savers should be able to choose to put all of their annual Isa allowance into cash Isas, which it argued would encourage people to save more and help would-be home buyers to build up larger sums of tax-free cash towards a deposit.
%VIRTUAL-SkimlinksPromo%