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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Jenrick pledges to raise tax-free personal allowance to £15,000

September 5, 2026

Robert Jenrick has pledged to raise the tax-free personal allowance from £12,570 to £15,000 in his first budget as Chancellor if Reform UK is elected into government. In a speech on Saturday, Jenrick will say that the £21bn tax cut would show the party’s mission to “choose the worker”. He will add that Reform would [...]
Farage: Foreign donations row is ‘loose pub talk’

September 4, 2026

Reform UK leader Nigel Farage has shrugged off concerns over comments made by senior party figures on accepting foreign donations via middle men, describing their behaviour as “loose pub talk”. Reform has faced a gruelling 24 hours after a Channel 4 investigation filmed Farage’s chief of staff Dan Jukes and Reform’s head of policy Dr [...]
Inflation expectations softer than predicted ahead of interest rate decision

September 4, 2026

Firms intend to raise prices over the next year on average at a lower rate than many economists have expected, Bank of England research has shown, easing concerns that the UK economy is heading for a deeper cost of living crisis. The Decision Makers’ Panel, a Bank survey of how far firms plan to raise [...]
Farage vows to call ‘national emergency’ on day one

September 3, 2026

Nigel Farage would call a “national emergency” to highlight the country’s woes after successive Tory and Labour governments. Under plans proposed by a Reform government, Farage would make MPs sit in parliament seven days a week to pass bills written by the government, including through the summer. At a speech on Friday at the Reform [...]
Jenrick refuses to rule out bank tax

September 3, 2026

Reform UK’s Treasury spokesman refused to rule out a banking tax mooted by the party’s leader Nigel Farage, who said he would hit lenders because he didn’t “like” them. Speaking at a Reform conference event organised by City industry representatives, Jenrick said the party had not committed to banking taxes. However, the party’s economic chief [...]
Reform UK chiefs ask to meet gilt holders amid bond rout

September 3, 2026

Robert Jenrick has asked to meet with top traders at the likes of Barclays and Goldman Sachs in London and New York who hold UK gilts as a recent surge in borrowing costs threatens the UK’s public finances. Reform’s Treasury spokesman announced at the Reform conference that he had written to the major holders of [...]
Zack Polanski to stand in by-election for Keir Starmer’s seat

September 3, 2026

Green Party leader Zack Polanski will stand to become an MP in the Holborn and St Pancras by-election after Sir Keir Starmer quit parliament. Polanski, who is currently a London Assembly member, is solidly backed by Green Party members to stand as the party’s candidate in what has historically been considered as a Labour safe [...]
Khan demands Burnham block Heathrow expansion over net zero

September 3, 2026

London mayor Sir Sadiq Khan has demanded Andy Burnham to block the Heathrow airport runway expansion on the grounds of net zero. Khan, who has long opposed the construction of a second Heathrow runway, linked the expansion to the effects on climate change including “extreme heatwaves, drought and wildfires”. “The truth is the whole case [...]
Uber launches ‘autonomous’ cabs in London

September 3, 2026

Londoners will be able to order “autonomous” Ubers from today as the ride-hailing firm becomes the first company to launch automated driving technology to customers in Britain. The San Francisco-based firm announced it will allow users to book the autonomous cars through its app in London from Thursday, via its partnership with British AI driving [...]
Badenoch: Cut benefits to fund £10bn defence spending package

September 2, 2026

Kemi Badenoch has urged the government to cut housing benefits, child benefits and re-route public investment in order to fund a £10bn boost on defence spending every year. The Tory leader, who had previously called for an increase in defence expenditure without laying out full funding plans, said that Chancellor John Healey “should adopt” plans [...]

MPs press competition watchdog to probe live music industry’s ‘dominant’ firms

What drinking alcohol at football could tell us about sporting fandom

Is this Europe’s weirdest holiday? Bog swimming in Estonia

By: Maurício Alencar

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