A Christmas boost for the Lisa

Tired of turkey, 50 people opened a lifetime individual savings account on Christmas, says David Prosser – glad tidings to Lisa supporters.

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Santa's a little too old to take advantage
(Image credit: This content is subject to copyright.)

It has become something of a tradition for HM Revenue & Customs to publish figures each year on how many people filed their tax return on Christmas Day. Now there appears to be a rival task vying for festive attention no fewer than 50 customers opened a lifetime individual savings account (Lisa) on 25 December, with almost 1,500 following their lead before New Year's Day, says Skipton Building Society.

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David Prosser
Business Columnist

David Prosser is a regular MoneyWeek columnist, writing on small business and entrepreneurship, as well as pensions and other forms of tax-efficient savings and investments. David has been a financial journalist for almost 30 years, specialising initially in personal finance, and then in broader business coverage. He has worked for national newspaper groups including The Financial Times, The Guardian and Observer, Express Newspapers and, most recently, The Independent, where he served for more than three years as business editor.