Andy Burnham new bank account rules for households with £10,000 savings

NewsCost Of LivingYour MoneyHouseholds are being urged to prepare for the changes07:54, 05 Sep 2026PM Andy Burnham(Image: Leon Neal/PA Wire)Savers are being warned to prepare for major changes next year.‌Cash ISA changes may require households to move some of their money around.‌Savers need to be aware of the new rules which are set to come into force from next April.‌READ MORE: PIP households sent major update on Andy Burnham 'cuts'READ MORE: Andy Burnham and John Healey new £800 PIP payment update in OctoberThis is when the £20,000 tax-free ISA rate will be cut to £12,000.‌The rule change will only apply to working-age households under 65, with pensioners being protected.The shake-up was announced by Rachel Reeves and is set to come into force under Andy Burnham and Chancellor John Heale