Michael Taylor, pictured with his wife Nora, says he welcomes the new British Isa A new British Isa will allow investors to pour an extra 5,000 into the stock market each year, the Chancellor announced yesterday. Jeremy Hunt introduced two new British savings accounts in a bid to encourage investment in UK companies and boost the City a British Isa, run by stockbrokers, and new British Savings Bonds, run by National Savings & Investments (NS&I). The British Individual Savings Account will allow stocks and shares investors to deposit an extra 5,000 beyond the existing 20,000 annual Isa allowance so long as it is only used to invest in UK-listed companies. It will apply to those who have already maxed out their 20,000 yearly allowance into the tax-efficient accounts. > What you need to know about the new British Isa Michael Taylor, 33, thinks the introduction of a British Isa is a great idea and will help this countrys companies.
Alex Brummer
Jessica Beard