UK money news stories - 9 July 2025

Monzo fined £21m after customers used No 10 and Buckingham Palace as addresses

Monzo’s in trouble this week after the financial watchdog discovered its weak financial crime controls, which failed to keep up with a rise in customers between 2018 and 2022. It also ‘repeatedly breached’ rules preventing it from opening accounts for high risk customers. 

UK's pension triple lock to cost three times more

The cost of the State Pension triple lock is estimated to be three times higher by 2030 compared to the original forecast, according to official figures. But what does that mean for pensioners?

Holiday money warning: going cashless could be costly

You’d be forgiven for thinking you can get away with just using your card or phone to make payments abroad, but one in three holidaymakers have found themselves needing emergency cash, which comes at a cost.

Current account World Cup 2025: who won?

Over the past month the Be Clever With Your Cash team have been asking their community to vote for their favourite current account providers, World Cup style. But who’s been voted the overall winner?

The children sitting on six-figure Junior Isas - and how to grow a nest egg for your offspring 

Hundreds of kids have Junior ISAs with over £100,000 saved while 50 children have JISA pots worth more than £200,000 according to new figures. But should you save or invest for your children?

30 retailers including Selfridges, New Look and The Range MISLEAD shoppers about their legal online returns rights

At least 30 high street shops have been found to have incorrect information on their websites regarding legal rights to return items. Here are the worst offenders.