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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Home Office to crack down on promoting small boat crossings online

August 3, 2025

Anyone who advertises small boat Channel crossings or fake passports on social media could face up to five years in prison under new plans. Ministers are seeking to create a new offence under the Border Security, Asylum and Immigration Bill already going through Parliament, to widen its scope to tackle illegal entry to the UK. [...]
Rachel Reeves admits Labour has disappointed Brits

August 2, 2025

Chancellor Rachel Reeves has admitted that the Labour government has disappointed some Brits after it raised £40bn in taxes at last year’s Autumn Budget. The Labour government have come under fire for its high-tax and high-spend policies in power despite claiming it would be more business-friendly during electoral campaigns last year. Now Rachel Reeves has [...]
Business confidence hits ‘record low’ as Reeves slammed over taxes

August 1, 2025

Business directors’ confidence in the UK economy has plunged to an all-time low, with firms unconvinced by Chancellor Rachel Reeves’ growth-focussed policies as the impact of last year’s tax hikes continues to play out. Keir Starmer has repeatedly told MPs business confidence is at a nine-year high, pointing to a single business survey put together [...]
Endeavour Mining powers up dividends after earnings rise

July 31, 2025

Endeavour Mining has dished out more returns to shareholders as its dividends hit a record $140m in the first half of the year, supplemented with $69m of share buybacks. The mining giant has taken advantage of the world’s enthusiasm for gold as it more than doubled its adjusted earnings before interest, taxes, depreciation and amortisation [...]
Anglo American: Revenue takes hit amid Trump tariff turmoil

July 31, 2025

Anglo American’s revenue has taken a hit as tariff turmoil dented trading levels for the mining company. The FTSE 100 giant is taking a greater focus on copper but it has not escaped the threat of President Donald Trump’s threats on all commodities including the red metal. Late on Wednesday, the US president said he [...]
UK business confidence highest in 10 years, Lloyds Bank says

July 31, 2025

UK business confidence is at its highest level in 10 years as the service sector saw the biggest jump in optimism month-on-month, according to Lloyds Bank. Firms were more optimistic for the third consecutive month, with the rise driven by improved trade prospects and an improved economic outlook. Lloyds’ survey suggested hiring intentions had also [...]
Firms face fresh fines for making late payments to small businesses

July 31, 2025

Firms could be slapped with million-pound fines for late payments to small businesses in a new government effort to boost growth in local economies. As part of reforms aimed at supporting businesses with fewer than 50 employees, Keir Starmer has vowed to crack down on delayed payments “holding Britain back”. The Prime Minister said the [...]
London airports paused flights due to faulty air traffic control

July 30, 2025

London airports temporarily paused departures as air traffic control suffered from a “technical issue”, causing mass delays at a busy time for holidays. The UK’s National Air Traffic Services (Nats) said it had solved a problem at its centre in Swanwick, Derbyshire as it was working to resume “normal operations” around London. “We continue to [...]
Trump slaps 25 per cent tariffs on India over ties with Russia

July 30, 2025

President Donald Trump has vowed to slap India with 25 per cent tariffs on imports from India, with an extra unspecified “penalty” to be introduced, in an attack on its trade with Russia and “obnoxious” rules and standards. Ahead of a Friday deadline for “reciprocal” tariffs, Trump revealed Indian exports would be subjected to higher [...]
Rachel Reeves’ Autumn Budget still causing negativity – CBI

July 30, 2025

A streak of negative business sentiment has now lasted 10 months, a leading industry body has suggested, in further evidence that employers have struggled to turn a page on Chancellor Rachel Reeves’ £40bn tax raid at last year’s Autumn Budget. Prime Minister Sir Keir Starmer has repeatedly told MPs that business confidence was edging higher, [...]

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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