If every UK cash ISA got invested in S&S ISAs...
Discussion
There's a mass of information about total ISA savings/investment on this link,
https://www.gov.uk/government/statistics/annual-sa...
Total value of all ISAs was around £725 billion
About 40% of all ISA funds are held in cash
So about £300 billion is cash ISA
Total value of UK stock market is around £4,000 billion (£4 trillion)
Would the sudden investment of an additional £300 billion move the market? I imagine it would, although perhaps not by very much.
https://www.gov.uk/government/statistics/annual-sa...
Total value of all ISAs was around £725 billion
About 40% of all ISA funds are held in cash
So about £300 billion is cash ISA
Total value of UK stock market is around £4,000 billion (£4 trillion)
Would the sudden investment of an additional £300 billion move the market? I imagine it would, although perhaps not by very much.
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