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ISA tax free allowance rises to £10,200

Savers who want to shelter their cash from the taxman were given a boost today after the Chancellor announced an increase in the allowance under tax-free ISAs to more than £10,000 a year.

Savers who want to shelter their cash from the taxman were given a boost today after the Chancellor announced an increase in the allowance under tax-free ISAs to more than £10,000 a year.