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.

Connect on socials

All 1168 Articles

Local elections 2026: City awaits ‘significant’ event for Labour leadership

Politics

City giants have warned today’s local elections will be “significant” for market pricing, with traders keeping a close eye on possible leadership moves made by the likes of Angela Rayner and Andy Burnham. Several financial behemoths have lined up to warn investors that results across the country over the coming days could be unusually important [...]
Oil price pulls back and FTSE 100 rebounds after ‘TACO’ Trump post

Markets

Oil prices took a step back from a gradual climb on Wednesday after President Trump announced he would pause his military escort operation through the Strait of Hormuz, prompting analysts to joke that the “TACO” president was back. The Brent crude oil price slipped below $100 per barrel amid hopes of a peace deal being [...]
London local elections 2026: Who will win in the City of Westminster?

London

The home of Oxford Street and several wealthy residents, the Conservatives were proud of holding a council right in the centre of London until losing to Labour in 2022. Will uproar over Sir Sadiq Khan’s mayoralty and concerns about local finances lead to a comeback? Westminster turned red for the first time in its history [...]

London local elections 2026: Who will win in the borough of Wandsworth?

May 6, 2026

Wandsworth was a major council loss for the Tories in 2022. After suffering accusations of lying about council tax freezes and recent stories about crime in the area, can Labour maintain support here? Wandsworth was a Tory stronghold in London for decades – until it lost to Labour in 2022. Four years later, the battle [...]
London local elections 2026: Who will win in the borough of Tower Hamlets?

May 6, 2026

Tower Hamlets has become something of a controversial area in London with its own council difficulties and division over the proliferation of LTNs. Will Aspire retain the council or could the Greens persuade voters to back its national electoral drive? Tower Hamlets is where fractured politics comes to a head. Neither Labour, the Conservatives, the [...]
London local elections 2026: Who will win in the borough of Sutton?

May 6, 2026

Sutton Council has become a reliable winner for the Liberal Democrats. But with pothole problems, accusations of toxicity and manoeuvres from Reform, could this council bring a surprise result? Sutton has become something of the Liberal Democrats’ stomping ground, winning majorities over several decades. Labour has tailed off in third along with independents while the [...]
Businesses cut jobs for 19 consecutive months yet ‘growth holds up’

May 6, 2026

Businesses have now cut jobs for 19 consecutive months as researchers warned that higher payroll costs and productivity gains have forced employers in the services sector to rethink hiring plans. Results from S&P Global’s purchasing managers’ index (PMI) suggested that lower staffing numbers across the UK’s dominant services sector have been recorded in each month [...]
London local elections 2026: Who will win in the borough of Camden?

May 6, 2026

Sir Keir Starmer will be looking closely at how results pan out in his own backyard given his constituency in Holborn and St Pancras. Could the Greens or Lib Dems put Labour’s control under threat given the prominence of issues such as Gaza, planning and homelessness? Camden Council is Labour through and through – or [...]
Exclusive: OBR calculations suggest Reeves set for borrowing spree

May 6, 2026

The Office for Budget Responsibility’s own calculations on the impact of a war in the Middle East suggest that Rachel Reeves is set to oversee a surge in borrowing, City AM has found. Sir Keir Starmer and Reeves have said that the government’s focus on “stability” has added protections to public finances and helped the [...]
Trump officials claim Iran is ‘weaponising global trade’

May 5, 2026

The United States’ most senior military officer has warned that Iran’s sustained assault on commercial shipping threatens to destabilise the world economy, accusing the country’s leadership of deliberately weaponising the global supply chain. General Dan Caine, the former venture capitalist currently serving as chairman of the US joint chiefs of staff, made a stark intervention [...]

The City AM Awards: Three cheers for these business heroes

Could jet fuel shortages stop fans going on holiday to Fifa World Cup?

5 amazing things to see at the Barbican’s 1996 exhibition

By: Mauricio Alencar

All 1168 Articles

Subscribe