Martin Lewis gives £12,000 savings change update saying ‘It’s gone. It’s gone’

Personal finance expert Martin Lewis has confirmed that a planned cut to the £12,000 savings limit has been scrapped. Appearing on ITV's This Morning, Lewis informed viewers that the proposed change is now gone, meaning the allowance remains intact. The financial expert explained the implications of this decision, ensuring that the previous savings threshold is preserved for taxpayers. This update clarifies the current status of the allowance following previous concerns regarding potential reductions to the limit.