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How to choose between a cash and stocks and shares ISA as the end of the tax year approaches

March 11, 2024

Via: MoneyWeek

There are just a few weeks left to make use of you ISA allowance and many will be questioning if they are better off putting their money into a cash or stocks and shares tax wrapper.

The rates on cash ISAs have hit a 10-year high in recent weeks as interest rates remain high and appear unlikely to be cut for at least a few months.

Bank of England data shows the average cash ISA rate on offer over the past year has been 2.71%.

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