By: Maurício Alencar

Politics and Economics Reporter Maurício Alencar is City AM’s Economics and City Reporter. He covers 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 City of London. He used to cover foreign news and sports at various publications – plus investigations, which he plans to continue to pursue.

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Talent agency snaps up Starmer for speaking engagements

Politics

A celebrity talent agency has tapped former Prime Minsiter Sir Keir Starmer for speaking engagements as he looks to share his views and experiences in Downing Street at paid events. Starmer has signed up with Creative Artists Agency, an $1.1bn international business that counts celebrities such as Ellen DeGeneres, Gordon Ramsay, Kamala Harris and Jacinda [...]
Fresh tube strikes planned over four months

London

A series of tube strikes have been planned between November and February as unionised train drivers hit out at four-day working week proposals. The National Union of Rail, Maritime and Transport Workers (RMT) has announced that tube drivers will launch industrial action for a total of eight days, starting on Thursday 26 November. The rolling [...]
Festus Akinbusoye: I’m more fun than Cleverly

London

The Conservatives are on the hunt for their candidate for the London mayor elections in 2028. Mauricio Alencar spoke to one Sir James Cleverly’s challengers, Festus Akinbusoye. Festus Akinbusoye imagines what a London under his leadership would look like: outdoor cinemas set up by London’s beauty spots, thousands more police officers on the streets, celebrities [...]

New Mandelson files to be released ‘by Christmas’

November 5, 2026

New files relating to Lord Peter Mandelson’s appointment as US ambassador are expected to be published by Christmas, City AM can reveal. The senior civil servant Cat Little has written to MPs, saying the Metropolitan Police has allowed the government to publish new files which were previously held back by the Metropolitan Police pending an [...]
Bank of England hikes interest rates to four per cent as inflation set to spike

November 5, 2026

The Bank of England has raised interest rates to four per cent as all policymakers agreed to tighten monetary policy in a bid to stop inflation from spiralling in the next year. The Bank’s Monetary Policy Committee hiked interest rates for the first time since mid-2023, with policymakers warning another hike could come in upcoming [...]
Why the Bank of England’s united interest rate hike signals more to come

November 5, 2026

Comments from members of the Bank of England’s rate-setting committee suggest more interest rate hikes are on the way, writes Mauricio Alencar. ‘Stands to ready to act’ was the Bank of England’s mantra for most of this year as it waited for higher energy prices to trickle through the UK economy. After today, the Monetary Policy [...]
As it happened: Stocks reverses early gains after tech sell-off; interest rates hiked

November 5, 2026

Welcome back to City AM‘s FTSE 100 liveblog. The Bank of England has raised interest rates for the first time in three years. The central bank’s Monetary Policy Committee (MPC) voted in a 8-1 split to hike rates to four per cent as concerns surrounding the inflationary impact of the Iran war dragged on. Meanwhile, [...]
City searching for signals as Bank of England set to hike interest rates

November 5, 2026

City traders are searching for any signs the Bank of England could move faster in hiking interest rates in the coming months with policymakers widely expected to tighten monetary policy on Thursday . The Bank’s Monetary Policy Committee is set to lift interest rates from 3.75 per cent to four per cent in a bid [...]
Mayors to get new powers over water companies in ‘public control’ push

November 5, 2026

Mayors will get new powers over how water companies are run under new “regional water councils”, the government has announced. The government has said that mayors have been asked to “submit proposals” on how they want the new water councils to be run within the next two months, with plans then drawing out pressures on [...]
Poundland owner ‘commits to protecting jobs’ after pressure from business secretary

November 4, 2026

Poundland’s owner has pledged to protect jobs at the embattled retailer after pressure from the business secretary and mounting political backlash over its handling of a sale process, a source told City AM. Gordon Brothers, the US investment firm which owns Poundland, met with Jonathan Reynolds this afternoon to discuss the future of the company [...]

Orange or CMA CGM: Who could replace Altrad as France Rugby’s shirt partner?

Orange or CMA CGM: Who could replace Altrad as France Rugby’s shirt partner?

The Capitalist: City AM reporter gets royal trashing by AI slop

By: Maurício Alencar

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