Widely reported that Rachel from complaints is going to scrap or drastically cut the 20k ISA tax break. She says she wants our money to go into riskier stocks and shares ISAs. Needless to say the fat cats in the city are delighted. What it really means is: "go ahead old boy and gamble with my money. No problem if your bet crashes but enjoy the cut you're going to make." Building societies will now have less cash to reallocate for mortgages. Genius idea eh?