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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Pat McFadden says lifting two-child benefit cap must be budgeted

September 24, 2025

Work and pensions secretary Pat McFadden has conceded that any plans to lift the two-child benefit cap must be “budgeted” amid growing calls from key Labour figures for the Tory-era policy to be scrapped. McFadden warned Labour backbenchers that any commitment to lift the cap would have to be funded by higher government revenue. “Everything [...]
Rachel Reeves urged to reconsider Labour manifesto tax pledges

September 24, 2025

Chancellor Rachel Reeves has been warned that tweaking small levies and relying on the wealthy to contribute to the state would hinder growth as another prominent report has called for Labour manifesto commitments to be reversed. In a report by the Institute for Government (IfG), Labour strategists were criticised for the party’s “original sin” of [...]
Ed Davey claims Farage will make UK ‘Trump’s America’

September 23, 2025

Ed Davey told Lib Dem members that Nigel Farage would make the UK “Trump’s America” if he were elected prime minister, with claims that Reform would destroy the NHS and roll back gun laws among the main messages made by the Liberal Dem’s leader in his conference speech. Speaking to the party faithful in Bournemouth, [...]
Startups tell Labour to snatch talent ‘displaced’ by Trump’s H-1B fee

September 23, 2025

An entrepreneur campaign group backed by executives at top UK businesses has urged the Labour government to re-design its Global Talent visa to take innovators “displaced” by President Trump’s radical changes to the H-1B visa. The Startup Coalition has urged Home Office officials to change its Global Talent visa to help individuals re-locate from the [...]
OECD: Taxes and tariffs to damage UK economy

September 23, 2025

Higher taxes and the sting from US tariffs are set to restrain UK growth, according to forecasters at the Organisation of Economic Co-operation and Development (OECD), with inflation soaring above all other countries other than the US. The OECD’s latest update on the state of the global economy said the UK’s “tighter fiscal stance” means [...]
Rachel Reeves told to cut national insurance and raise income tax to gain £6bn

September 23, 2025

Chancellor Rachel Reeves has been told to cut national insurance for workers by two per cent and raise income tax by the same amount, with economists at a left-leaning think tank claiming a £6bn gain in revenue could be made. The Resolution Foundation, once the workplace of Treasury ministers Torsten Bell and Dan Tomlinson, has [...]
Labour given fresh warning on ‘real’ risk of fiscal crisis without cuts

September 22, 2025

Labour Party parliamentarians have been alerted to the “real” risk of an economic emergency if spending cuts are not made as the incoming tax hikes at the Budget could trim growth and worsen the UK’s jobs crisis. Backbench MPs have been widely blamed for failing to back the government’s small welfare cuts earlier this year, [...]
Nigel Farage pledges to take down Boriswave with tougher rules

September 22, 2025

Nigel Farage has said he would remove migrants’ indefinite leave to remain rights, which allow people to gain settled status in the UK, as he set out a hardline approach to immigration in the same week President Trump added a fee to a key US worker visa. The Reform UK leader said he would force [...]
Labour considers relaxing global talent visa in answer to Trump’s clampdown

September 22, 2025

A UK government task force is considering plans to remove fee costs for the global talent visa after the US slapped a $100,000 charge on one of its key worker visas. On Friday night, President Trump put hundreds of thousands of workers on high alert after he signed an executive order adding a hefty business [...]
Cyber attack hits Heathrow and European airports

September 20, 2025

A cyber attack has caused flight delays at Heathrow and several European airports, with problems lasting for hours on end. Airports in London, Berlin and Brussels have warned passengers that their flights may be delayed due to technical issues in check-in and boarding systems. The software provider, Collins Airspace, was suffering a technical issue for [...]

Was the transfer window impacted by UK tax rules?

Was the transfer window impacted by UK tax rules?

These are the best literary hotels in Europe

By: Maurício Alencar

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