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Isa boost for savers and Aim

The chancellor ups Isa limit and gives hope to Aim companies
December 6, 2012

The chancellor gave a boost to savers by increasing the amount that can be invested in an individual savings account (Isa) from £11,280 to £11,520. He also signalled a consultation on one of the long-standing bug bears of the smaller companies lobby - the current inability to include shares traded on the Alternative Investment Market (Aim) in an Isa.

Aim companies have long campaigned to be made eligible for inclusion in stocks and shares Isas, believing it will significantly increase their attraction to retail investors and this consultation signals a willingness on the part of the government to consider their claims.