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(Alliance News) - The UK chancellor has said she wants to create "a culture … of retail investing" to achieve "better returns" for UK savers amid reports she could cut the limit on cash Isa deposits.

Currently, anyone can save a maximum £20,000 per year into Individual Savings Accounts (ISAs), of which there are several types.

The Labour Party Chancellor Ms Reeves has addressed being lobbied by lobbyists over the cash ISA limit in the UK this week.