UK money news stories - 16 July 2025

Mansion House speech: what it means for your money

Most of the Mansion House announcements were leaked in the run-up to the event including changes for first time buyers and banks to encourage investment to low-interest savers and thankfully, no cuts to the Cash ISA allowance. We’ve covered the main reforms that could affect your personal finances. 

Inflation rises to 3.6% - the highest rate in almost a year and a half

Inflation’s gone up unexpectedly this month with a jump in transport prices - including sharp increases in air and rail fares - and a slight rise in food prices. Here’s what else has happened. 

Royal Mail to scrap second-class post on Saturdays and some weekdays

There’s big changes a-foot in the postage world. Royal Mail’s allowed to get rid of second-class post on Saturdays and from July 28 can deliver second-class letters on alternate weekdays, according to Ofcom. But what else should you know?

Revolut: UK fintech launches stocks and shares ISA

The personal finance app has expanded its investment range, offering new stocks and shares ISAs, along with over 100 UK-listed exchange-traded funds to its 11m UK customers. You’ll be able to open an account with just £1 via its investing arm Revolut Trading.

BBC to look at overhauling licence fee as 300,000 more households stop paying

Hundreds of thousands more households have stopped paying for the BBC licence fee, prompting the public broadcaster to take a look at how it could be reformed.