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Chancellor's Spring Budget Faces Criticism from Financial Sector Leaders
The Chancellor's Spring Budget has sparked mixed reactions within the UK's financial sector, with industry leaders voicing concerns over the cautious approach that may hinder competitiveness in financial technology and services. Carol Knight, Chief Executive of The Investing and Saving Alliance (TISA), expressed relief at the retention of Cash ISA tax benefits but criticized the lack of broader reforms, stating that penalizing cash ISAs is not an effective way to enhance the UK's investment culture.
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