Isa limit set to rise to £11,760 in 2014 after inflation holds at 2.7% in September

The Isa limit is expected to rise to around £11,760 from next April, up from its current £11,520. Up to half - £5,880 - can go into cash Isas. 
The amount you can put into these tax-efficient investment and savings accounts rises each year in line with the inflation, as measured by the Consumer Prices Index.
The cost of living rose by 2.7 per cent between September 2012 and 2013, the Government announced yesterday.     

Increase: ISA limit increases as well as increase to the basic state pension are set to the September rate of inflation, wage inflation or a minimum of 2.5% known as the triple lock

The September figure is all-important to savers and pensioners. It is the cornerstone in deciding the rise in the Isa limits for the next tax year. It also plays a part in the rise in the state pension.
Pensioners can expect a 2.7 per cent rise in the state pension from next April - up from the current £110.15 a week to £113.10.
But the 2.7 per cent inflation rate is grim news for those with savings. Basic rate taxpayers need to earn an impossible 3.38 per cent before tax to match inflation, while higher rate taxpayers need 4.5 per cent.
But the best that basic rate payers can do on easy-access accounts is 1.36 per cent after tax (1.7 per cent before) with BM Savings.
Even if you tie up your money for five years, it is impossible to cushion the effects of inflation. The best you can do is 2.52 per cent (3.15 per cent).