Mansion House speech fails to mention Cash ISA reform

Lack of coverage 'perhaps unsurprising'

Patrick Brusnahan
clock • 2 min read

Cash ISAs did not receive a single mention in Chancellor Rachel Reeves’ Mansion House speech yesterday (15 July), despite rumours swirling in recent weeks about reform being high on the government's agenda.

Instead, Reeves revealed that LTAFs will be added to Stocks and Shares ISAs from 2026 and that she "will continue to consider further changes to ISAs engaging widely in the coming months" and she "recognising that despite the differing views on the right approach".  Potential reforms to Cash ISAs have been subject to policy oscillation this year already after Reeves was not expected to make reforms in March, a tune that was reported to have changed in May. Atom Bank chief commercial officer Chris Storey said: "The chancellor's move away from reforms to the Cash ISA yesterday is perhap...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on ISAs

ISA reforms represent a 'missed opportunity' as advisers face client confusion wave

ISA reforms represent a 'missed opportunity' as advisers face client confusion wave

‘What we saw at the Budget was the opposite of simplification’

Professional Adviser
clock 05 December 2025 • 2 min read
Reeves' ISA shakeup 'a step in the right direction' as Lifetime ISA set to be replaced

Reeves' ISA shakeup 'a step in the right direction' as Lifetime ISA set to be replaced

Consultation in 2026

Linus Uhlig
clock 27 November 2025 • 3 min read
Budget 25: Reeves slashes cash ISA allowance to £12,000 but over-65s exempt

Budget 25: Reeves slashes cash ISA allowance to £12,000 but over-65s exempt

From April 2027

Linus Uhlig
clock 26 November 2025 • 1 min read