Budget 2014: A cap on ISAs would be the final insult to savers

With Budget day looming there has been the expected flurry of predictions and rumours doing the rounds and the most worrying news is that the government is planning to put a lifetime cap on ISA contributions.

Most worryingly of all is that this may be true, unlike many of the picked-out-of-thin-air-to-generate-headlines predictions that we often hear.