UK’s Hunt Considers Allowing ISAs to Invest in Fractional Shares
- Consultation due to be announced at Autumn Statement
- ISA restriction has been criticised by retail investors
Jeremy Hunt
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Chancellor of the Exchequer Jeremy Hunt is considering letting tax-free individual savings accounts hold fractional shares, part of efforts to boost investing in the stock market.
Hunt is due to announce a consultation on the idea at the Autumn Statement next week, according to a person familiar with the matter. Hunt is also considering other changes to ISA rules as the Treasury tries to make them more attractive.