Peter Rhodes on crowded prisons, the future of Isas and spending more time with the kids
Our shiny new Government's plan to reduce prison overcrowding? It's something on the lines of: Fling wide the penitentiary gates and let the villains free. I'm not sure if football is coming home but domestic violence probably is.
Meanwhile, as Chancellor Rachel Reeves and her colleagues in the Treasury apply themselves to the hallowed task of separating wealth from its rightful owners, consider the small print for that bedrock of middle-class, middle-aged security, the ISA (Individual Savings Account). There are worrying whisperings going on.
Everyone knows that Isa interest is tax free. But only diamonds are forever and who knows what may change? As one personal-finance website warns us: “The favourable tax treatment of Isas may not be maintained in the future.”
