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Rachel Reeves to hail fiscal ‘stability’ and City risk-taking in Mansion House speech

  • Chancellor Rachel Reeves will pause plans to limit cash ISA allowances and introduce targeted support for savers during a speech at the Mansion House.
  • This decision follows rising criticism and a surge in new cash ISA account openings, indicating public concerns over the proposed changes.
  • Aegon's Pensions Director Steven Cameron supports the Chancellor's move, stating that the targeted support will enable consumers to make informed financial decisions between cash savings and stocks and shares investments.
  • Reeves is also expected to announce measures to facilitate mortgages for first-time buyers and clarify her stance on future tax plans.
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Financial Times broke the news in London, United Kingdom on Sunday, July 13, 2025.
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