[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Martin Lewis [@MartinSLewis](/creator/twitter/MartinSLewis) on x 3.2M followers Created: 2025-07-15 18:10:07 UTC Tonight's 9pm Mansion House speech is a big opportunity for @RachelReevesMP for a reset. I'm generally supportive on many of the announcements that touch areas I cover, but all have potential side-effects... after all loser regulation needs careful monitoring so it doesn't have catastrophic consequences. We now know a lot of the content due to govt press releases. I'll leave others to summarise details, but here's a few thoughts. - Mortgages. Freeing up lending rules (specifically on income multiples) to help more first time buyers to get mortgages is generally positive. Yet it can't be risky too... we shouldn't encourage young people to overstretch. And of course more buyers can pump house prices up in a counter productive way. Ultimately the real way to make homes more affordable is build more! They say they're trying to do that, but it will all be about whether they can deliver. - Encouraging a culture of investment (especially amongst the young). This is needed. The mooted advertising and education plans are absolutely welcome. After all on average over the longer term a wide spread of global assets outperforms saving in deposit accounts, so it should put people on a better future financial footing. This should also benefit the UK economy as it needs investment, as does our stock-market, if its to remain competitive and thus bring in income to the country. Making nudge notifications and investment guidance easier to do within regulations are helpful too. Though I have concerns banks will just use them to tout their own relatively poor investment deals. This is just the start of this one, I suspect more plans will come out in future (and thankfully the sacrifice of the cash ISA limit for this isn't now happening... yet at least) - Financial Ombudsman changes. I'm more worried here. Hopefully it will speed things up, that's good. Yet the plans seem to shift the dial more in companies favour over consumers in adjudications, as some of the Ombudsman's discretion to rule based on fairness is being reduced. Then there's the very negative changes to compensation back-paid interest rates (see my previous post on that) All these are just bashed out provisional thoughts. There's 100s pages of reading to be done (thanks to Katie on my team who's leading on that) so who knows what else is in there. I just felt it worth marking the moment. XXXXXX engagements  [Post Link](https://x.com/MartinSLewis/status/1945184114128380334)
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Martin Lewis @MartinSLewis on x 3.2M followers
Created: 2025-07-15 18:10:07 UTC
Tonight's 9pm Mansion House speech is a big opportunity for @RachelReevesMP for a reset. I'm generally supportive on many of the announcements that touch areas I cover, but all have potential side-effects... after all loser regulation needs careful monitoring so it doesn't have catastrophic consequences.
We now know a lot of the content due to govt press releases. I'll leave others to summarise details, but here's a few thoughts.
Mortgages. Freeing up lending rules (specifically on income multiples) to help more first time buyers to get mortgages is generally positive. Yet it can't be risky too... we shouldn't encourage young people to overstretch. And of course more buyers can pump house prices up in a counter productive way. Ultimately the real way to make homes more affordable is build more! They say they're trying to do that, but it will all be about whether they can deliver.
Encouraging a culture of investment (especially amongst the young). This is needed. The mooted advertising and education plans are absolutely welcome. After all on average over the longer term a wide spread of global assets outperforms saving in deposit accounts, so it should put people on a better future financial footing.
This should also benefit the UK economy as it needs investment, as does our stock-market, if its to remain competitive and thus bring in income to the country.
Making nudge notifications and investment guidance easier to do within regulations are helpful too. Though I have concerns banks will just use them to tout their own relatively poor investment deals. This is just the start of this one, I suspect more plans will come out in future (and thankfully the sacrifice of the cash ISA limit for this isn't now happening... yet at least)
- Financial Ombudsman changes. I'm more worried here. Hopefully it will speed things up, that's good. Yet the plans seem to shift the dial more in companies favour over consumers in adjudications, as some of the Ombudsman's discretion to rule based on fairness is being reduced. Then there's the very negative changes to compensation back-paid interest rates (see my previous post on that)
All these are just bashed out provisional thoughts. There's 100s pages of reading to be done (thanks to Katie on my team who's leading on that) so who knows what else is in there. I just felt it worth marking the moment.
XXXXXX engagements
