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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Keir Starmer pressed to ‘come clean’ on Mandelson sacking

September 16, 2025

Prime Minister Keir Starmer has been pressed to “come clean” on how the sacking of former ambassador to the US Peter Mandelson unfolded and the process that led to his appointment last year. Starmer, who was not present at an emergency debate on Mandelson’s sacking on Tuesday, said on Monday that he would not have [...]
Rachel Reeves hosts Scott Bessent and finance execs for investment talks

September 16, 2025

Chancellor Rachel Reeves hosted US Treasury secretary Scott Bessent and top dogs from most of the world’s biggest finance firms in a warm-up event ahead of President Donald Trump’s UK arrival on Tuesday evening. City firms including Barclays, HSBC and Revolut sent representatives to Downing Street, where they were joined by bosses from top Wall [...]
Donald Trump to Keir Starmer’s rescue – or torment?

September 16, 2025

President Donald Trump will look out of Air Force One’s windows to see England’s green and pleasant land before arriving this afternoon. He will surely be giddy with excitement about his meeting with the King and a very royal carriage procession inside Windsor Castle’s grounds tomorrow. He will also be pleased to see his unlikely [...]
State pension to rise by £560 in extra costs to Treasury

September 16, 2025

The state pension is set to rise by more than £560 from April as wage growth figures used to calculate the increase will make the elderly the “big winner” from today’s economic data in another extra cost to Rachel Reeves. The triple lock uprating policy, which was introduced 15 years ago, means the pension increases [...]
Firms continue to shed workers as jobs market deteriorates

September 16, 2025

The collapse of the UK jobs market has deepened, according to official data, undermining the Labour government’s goal to boost employment. Firms continued to shed workers as the number of payrolled employees dropped by 6,000 in July, adding to a collapse of 142,000 over the year. Provisional estimates suggest there was a fall of 8,000 [...]
City AM Shadow MPC votes 8-1 to HOLD interest rates

September 16, 2025

Leading economists from academia and the City have voted 8-1 for interest rates to be held at four per cent in City AM’s Shadow Monetary Policy Committee (MPC) ahead of the Bank of England’s own decision this week. Top analysts, who expressed views independently of their organisations, have said that stubborn inflation above the Bank [...]
Labour to face awkward questions on Mandelson hours before Trump’s arrival

September 15, 2025

Labour ministers will have to answer awkward questions in parliament on the appointment of Peter Mandelson as ambassador to Washington hours before President Donald Trump lands in the UK for a state visit. The Speaker of the House, Lindsay Hoyle, has granted an emergency debate, requested by the Tories, over Mandelson’s dismissal as ambassador and [...]
Tory MP Danny Kruger defects to Reform

September 15, 2025

Kemi Badenoch has suffered a major blow after sitting Tory MP Danny Kruger defected from to Reform. The Wiltshire MP has been put in charge of Nigel Farage’s preparations for government, in a major coup for the insurgent party that has been dominating the opinion polls. At an event on Monday morning, Kruger announced that [...]
Britain faces ‘looming’ crisis without spending cut, says Mel Stride-backed report

September 15, 2025

Britain faces a looming fiscal crisis without reigning in spending and boosting the competitiveness of the City, according to a new report. With annual per capita growth stagnating and public spending ballooning, the government needs to bring growth back to the economy and boost living standards, according to the Centre for Policy Studies (CPS) report [...]
Keir Starmer ‘has until May’ as polling sends warning shot

September 15, 2025

Keir Starmer has been told he has until next May’s local elections to turn fortunes around as polling has sent the prime minister an ominous warning about his future. The Prime Minister is facing intense pressure from Labour MPs after new questions were raised about his appointment and judgment of Peter Mandelson as ambassador to [...]

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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