“Liz Emerson, co-founder of the Intergenerational Foundation told The i Paper: “Tilting the playing field once again away from young people by forcing them to save in ways that will supposedly encourage a domestic growth agenda is yet an intergenerational unfairness in action.
“Younger savers need easily accessible shorter-term savings vehicles for deposits on home purchases, investment in further professional education or for emergency funds. The young are the wrong target.”
Cutting cash ISA will make it harder for first-time homebuyers, Reeves told