Cash ISA changes add complexity to the market, says building society Personal Finance The government’s decision to cut the cash ISA tax-free ceiling has added “complexity” to the market, a building society executive has said, as Britons still seek to have a cash safety net. Speaking in an interview with CityAM, Stuart Haire, chief executive of Skipton Group has said that while the government was correct to [...]
Reeves warned ‘undermining cash ISAs a serious mistake’ Investing Chancellor Rachel Reeves has been warned that “undermining” cash ISAs would be a “serious mistake” and could hike the cost of mortgages and make them harder to access. Skipton Building Society has joined the chorus of institutions voicing their concerns ahead of the Chancellor’s Mansion House speech next week where she is expected to announce a [...]
Skipton Building Society’s annual results boosted by first-time buyers Banking Skipton Group, which includes the UK’s largest estate agency, Connells and Skipton Building Society, has announced a record return of value to its members after a bumper year at the group. The group’s pre-tax profit fell to £318.6m in 2024, down from £333.4m the year prior. The group cited downward pressure on net interest income [...]