Chancellor Jeremy Hunt’s latest Budget was an attempt to ignite investments into the domestic British equities sector by the proposed “British ISA” which offers up to £5,000 per year of an additional tax-free allowance.

This sits on top of the existing £20,000 for a Cash or stock and shares ISA.

At the time of writing no major provider has yet offered a British ISA, with a consultation period currently underway to assess its viability.

For those keen to see their savings drive change while still delivering a return, a British ISA could be an interesting bet.

Possible investments for responsible or renewables-focused investors would include a range of options such as wind farms, battery technologies or investments in solar power.

While the ESG sector as a whole has attracted political controversy – particularly in the USA – investors are still free to make decision as to which companies they want to invest in that align with their social, moral or religious goals.

The UK equity market, while recently hit by a wave of delistings and concerns around its long-term future remains a place where many well-established businesses offer their wares, and investors should consider investing in anything that fits their goals and research them appropriately.

As and when the British ISAs launch we will carry out an investigation into possible opportunities.