When setting the "limit" setting on a text or textarea field, the frontend no longer renders html tags (like br tags). Removing the limit setting makes the br tags render.
Assuming this is a bug caused by this update a few versions ago: "Do not count HTML tags for text limiter"
Thank you for your feedback. Yes I see the issue with the HTML tags are not rendered in the frontend if enabling the text limiter option. I'm discussing this issue with the development team and I will let you know when I have more information.