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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Met Police investigates Reform UK over potential breach of electoral law

Politics

The Metropolitan Police has launched a formal criminal investigation into Reform UK over potentially illegal foreign donations after top party officials were filmed facilitating the acceptance of payments via a middle man. Detectives will look into the party’s funding following the undercover sting operation by Channel 4 News. The police were called to act by [...]
Burnham insists defence uplift ‘can’t come at expense’ of welfare

Economics

Andy Burnham has said an uplift in defence spending will not come “at the expense” of benefits. During Prime Minister’s Questions, Burnham said “national security can’t come at the expense of social security” in response to attacks from Tory leader Kemi Badenoch over the absence of plans to get defence spending up to three per [...]
Gareth Southgate hits out at WFH and warns high taxes are harming youth unemployment

Economics

Former England manager Sir Gareth Southgate has said he is against working from home and argued that young people need workplace mentors to develop their careers. On a trip with the Neets tsar Alan Milburn, Southgate hit out at companies’ working from home policies and linked it to the joblessness crisis facing under 25-year-olds. “What [...]

Donations row ‘reflects problem in Reform UK’, voters say

September 9, 2026

The donations row that engulfed Reform UK last week “reflects a real problem” with the party, the majority of voters believe. Nearly two-thirds of people believe the allegations surrounding top Reform figures show there is a problem with the way the party is run and deals with its finances, City AM/Freshwater Strategy polling has revealed. [...]
Tax crackdowns means high net worth Brits continue to mull UK exit

September 9, 2026

UK millionaires continue to keep their options open with a high percentage having considered leaving the UK over high taxes, according to a survey, deepening fears that the government has relied too heavily on the wealthy to boost receipts and fund higher expenditure. An in-house survey by the Wealth Club, which provides advice to rich [...]
Trade sanctions on Israeli settlements attacked as ‘performative’

September 8, 2026

Trade sanctions imposed by Andy Burnham’s government on Israeli settlements in the West Bank are “performative” and could put the UK’s international standing at threat, shadow foreign secretary Tom Tugendhat has said. On Tuesday, Ed Miliband announced the government would impose sanctions on companies and individuals who finance or help create settlements in Palestinian land, [...]
Bailey warns on inflation risks as Iran war roils UK economy

September 8, 2026

Bank of England governor Andrew Bailey has warned inflationary pressures are still buffeting the UK economy and energy prices could rise further next year if the war in Iran continues. Speaking to MPs on Tuesday, the Bank chief said inflation risks were “to the upside” and energy prices “could be higher still” due to the [...]
UK poised to pay highest borrowing costs since 1998

September 8, 2026

The UK is set to pay the highest yield on new debt in nearly 30 years in a sign of the growing economic pressures facing the Chancellor John Healey as he draws up his first Budget. The Debt Management Office is marketing a 30-year bond at 0.75 basis points over the yield of the government’s [...]
Labour takes narrow lead over Reform as donation row wounds Farage

September 8, 2026

Labour has taken a narrow polling lead over Reform UK for the first time in a year and a half as voters warmed to Andy Burnham in September. The latest City AM/Freshwater Strategy poll has shown that Labour now enjoys 26 per cent of the voter share, ahead of Reform UK, which is on 25 [...]
Hedge fund billionaire Chris Rokos joins UK wealth exodus

September 7, 2026

The hedge fund billionaire Chris Rokos has joined the ranks of ultra-wealthy residents in leaving the UK, in a decision likely to cost the government billions of pounds lost tax revenue. Rokos, the founder of his namesake investment firm Rokos Capital Management who paid more than £300m in tax last year alone, is leaving the [...]

Barclays faces legal scrutiny over role in £90m ‘Ponzi scheme within a Ponzi scheme’

All Hundred owners expected to explore bids for Big Bash cricket franchises

Are Peugeot’s 208, 2008 and 3008 good enough for the city?

By: Maurício Alencar

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