From Morningstar: 2025-03-26 11:30:00

The government plans to reform ISAs to balance cash and equities, boosting retail investment. Labour aims to simplify ISAs to drive UK equity allocation. Industry experts predict more investment in UK economy. Potential cap on cash ISAs could push investors towards stocks. Reforms aim to revive UK equity markets and increase domestic investment. 1. The unemployment rate in the United States has dropped to 5.4% in August, the lowest since the start of the pandemic. This marks a significant improvement from July’s rate of 5.9%. The job market continues to show signs of recovery as more Americans return to work.

2. In the tech world, Apple has unveiled its latest iPhone 13 models, featuring improved cameras, longer battery life, and a faster processor. The new iPhones also come with a smaller notch and a new Cinematic mode for videos. Pre-orders for the devices will begin on September 17.

3. Hurricane Ida has left a trail of destruction in its path, causing widespread flooding and power outages in Louisiana and Mississippi. The storm made landfall as a Category 4 hurricane, with winds of up to 150 mph. Thousands of residents have been evacuated from their homes.

4. On the international front, the Taliban has announced the formation of a new government in Afghanistan, with hardline figures holding key positions. The move has raised concerns about the group’s commitment to inclusivity and human rights. The international community is closely monitoring the situation in the country.

5. In sports news, tennis star Naomi Osaka has announced that she will be taking a break from the sport to focus on her mental health. The decision comes after Osaka’s early exit from the US Open, citing the pressure of competition. Fans have shown support for her well-being during this time.



Read more at Morningstar: Rachel Reeves Pledges Cash ISA Reform in Spring…