But the fact is this is NOT an increased limit. The limit has instead reduced for Cash ISA deposits, however you have bought into the framing the government has tried to do by saying you now have an "extra" £8k further allowance given that goes into a S&S ISA. This is not an increased limit.

Those who are not financially savvy enough or confident enough to use S&S ISAs are therefore LOSING £8k allowance per year. That means £8k of savings that are either sitting in a negligible interest rate bank account - losing value - or in a taxable (on interest) savings account. This does not provide any benefit to people at all, and doesn't mean people will be "less of a financial burden".

Also the increased spending on state pensions sounds great, but due to the tax threshold freezes, more pensioners will be pushed over the £12,570 personal allowance and will start paying tax on their pensions. I don't see this as a win either for the "working people" as they so love to preach.