By: Mauricio Alencar

Politics and Economics Reporter Maurício Alencar is City AM’s Politics and Economics Reporter. He covers the state's relationship with the City of London and UK business, jumping between Westminster and the Square Mile. He picks up all stories on UK economics data ranging from inflation to immigration, as well as the Bank of England, the Treasury, business surveys, and all stories important or interesting to the decision-makers. He used to cover sports, foreign news and home news at various publications – plus investigations, which he plans to continue to pursue.

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UK growth spurt due to ‘payback for earlier weaknesses’

Economics

The UK economy’s growth spurt in November was just a recovery from “earlier weakness” after hits to Jaguar Land Rover’s production lines and “ongoing” problems with data calculations” weighted on earlier readings, top analysts have warned. Data published on Thursday morning showed the UK economy inched up 0.3 per cent in November despite expectations of [...]
London’s ‘record low confidence’ blamed on Labour workers’ rights bill

Economics

London is suffering from record low business confidence due to Labour government’s Employment Rights Bill, an industry group has warned. The London Chamber of Commerce and Industry said it recorded the lowest ever level of business confidence in its quarterly economic survey of 500 business chiefs across the capital. The group warned that the “punitive” [...]
UK economy grows more than expected but remains ‘fundamentally weak’

Economics

The UK economy grew more than expected in November last year but remained “fundamentally weak”, official data has shown, reflecting businesses’ nerves about Rachel Reeves’ Budget measures. New Office for National Statistics (ONS) figures showed growth in the UK economy inching up. Business analysts warned over several months that pre-Budget speculation had dampened spending and [...]

UK jobs at risk from ‘over-reliance’ on China

January 16, 2026

Tens of thousands of jobs in high-growth sectors are feared to be at risk due to the UK’s trading reliance on China, researchers have warned. The Institute for Public Policy Research (IPPR), a left-leaning think tank that has shared a close relationship with senior Labour figures, has warned that around 90,000 jobs are at the [...]
Robert Jenrick defects to Reform after sacking from ‘rotten’ Tories

January 15, 2026

Robert Jenrick has announced his defection to Reform UK after Tory leader Kemi Badenoch sacked him for plotting to switch over “in secret”. Hours after Badenoch announced Jenrick’s suspension from the Conservative Party, the former shadow justice secretary appeared in a press conference alongside Nigel Farage promoting the transfer. In a press conference he arrived [...]
Khan urges Reeves to bring back tax-free shopping

January 15, 2026

Mayor Sadiq Khan has called on Chancellor Rachel Reeves to bring back tax-free shopping for tourists to drive public revenue gains. Khan has lobbied the Treasury to re-introduce VAT-free shopping for visitors more than four years after the previous Conservative government scrapped the perk. Conservative City Hall member Thomas Turrell raised the issue of tourism [...]
Sadiq Khan: AI could bring ‘mass unemployment’ to London

January 15, 2026

Sadiq Khan has warned that AI could become a “weapon of mass destruction” for jobs across London unless the government takes proactive action to ease its impact on work. The London Mayor said AI’s impact on the capital city will be “nothing short of colossal” over the coming years. In a Mansion House speech to [...]
FTSE 100 Live: Gold surges amid Trump tensions; JLR leads growth rebound

January 15, 2026

Good morning and welcome back to the City AM liveblog. Rachel Reeves’ report card for 2025 has received another dim review with fresh figures from the Office for National Statistics (ONS) showing growth came in at a sluggish 0.1 per cent in the three months to November 2025. This was led by a modest rebound [...]
Forest swerves TfL’s e-scooter trial

January 15, 2026

Major bike lenders are snubbing Transport for London’s e-scooter rollout as the capital’s micromobility players question regulations around trials. TfL opened the bidding for the next phase of its e-scooter experiment last week. But major electric bike operators may snub the chance to introduce e-scooters into fleets of rental vehicles across the capital, City AM [...]
Defence splurge cannot fund planned expansion, military chief says

January 14, 2026

The Labour government’s commitment to increase defence expenditure to 2.5 per cent of GDP from next year will not fully fund the planned expansion of the armed forces, a top military official has warned. Sir RIchard Knighton, chief of the defence staff, told MPs on Monday the rise in government funding would not be enough [...]

Starmer slams Trump’s UK tariff threat over Greenland

The Jenga Effect: Why professional rugby’s collapse has already happened

Ariana Grande tickets for London musical ‘could easily go over £300’

By: Mauricio Alencar

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