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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Net zero and DEI targets cut from procurement rules as firms pressed to raise pay and hire NEETs

August 5, 2026

Net zero, modern slavery and equality rules are set to be stripped from procurement rules as Andy Burnham’s premiership looks to force firms to prioritise job creation. Several major tenders for government contracts feature a list of “conditions of participation” that require firms to report on net zero, diversity, ESG –environmental, social, and governance for [...]
Where are Andy Burnham’s economic advisers?

August 5, 2026

Andy Burnham’s allies boasted that highly-regarded economists had been lured as advisers. Mauricio Alencar and Ali Lyon report on the non-appointments of some of Britain’s best economists – and what the Prime Minister and Chancellor’s new teams look like. In the end, all it took was a few rumours. In the weeks leading up to [...]
Rupert Lowe axes pensions triple lock and pledges tax cuts in economic plan

August 4, 2026

Rupert Lowe, the hard right leader of the Restore Britain party, has said he would back scrapping the triple lock pension and ordering three-year freezes on departmental budgets. Lowe, who has mainly focused on the issue of immigration since breaking from Reform UK over a year ago, published a pamphlet outlining his new party’s economic [...]
UK founders cast doubt on Burnham’s pro-business push

August 4, 2026

The majority of Britain’s top scale-up founders believe business conditions will not improve under Andy Burnham as just one in 20 entrepreneurs feel the new PM backs the private sector. New research by Helm, a membership group of over 400 scale-up founders, suggested that a substantial number of its members were pessimistic about Burnham’s premiership. [...]
‘Brilliant and provocative’ columnist and broadcaster Rod Liddle dies aged 66

August 3, 2026

The writer and broadcaster Rod Liddle has died at the age of 66. Liddle, a titan of Fleet Street, died at hospital in Middlesbrough on Sunday evening following a short illness. The journalist, who wrote columns for The Sunday Times, The Spectator and The Sun, was previously the editor of BBC Radio 4’s Today programme. [...]
Reform’s Richard Tice under parliamentary investigation

August 3, 2026

Reform UK deputy leader Richard Tice is facing a probe from the parliamentary standards watchdog for failing to declare an interest in a debate. Daniel Greenberg, the parliamentary standards commissioner, confirmed a probe was opened on the 28th July but did not share further details about the scope of the investigation. Tice claimed it relates [...]
Manufacturers overcome gloomy economy as output surge continues

August 3, 2026

Manufacturers have overcome a gloomy economic outlook across the country as businesses boosted production to levels not seen in almost two years, new data has revealed. According to S&P Global’s monthly survey of output across manufacturers, business activity continued to increase in what was the ninth consecutive month of growth in the sector. The purchasing [...]
Iran war could ‘halt growth’ across UK economy

August 3, 2026

The Iran war could “halt growth” in the UK economy as the success of Andy Burnham and John Healey’s economic management largely hinges on President Trump’s decision-making, a City firm has warned. Big Four consultancy EY has said that the UK economy could perform better than first expected this year as its growth forecast was [...]
City trading ‘higher than thought’, FCA believes

August 2, 2026

Trading volumes in London are up to three times higher in value than thought after so-called “dark trading” is taken into account, the City regulator believes. Analysis by the Financial Conduct Authority believes that trading valuations are much higher as some traders opt to use non-official channels. This kind of business, referred to as “dark [...]
Healey revives ‘price-gouging’ threat as cost of living options narrow

August 2, 2026

Chancellor John Healey has revived threats against retailers over profiteering as his cost of living options have narrowed due to problems facing the country’s public finances. Healey warned supermarkets that they would not be able to take Britons “for a ride” as the Treasury would closely monitor “any suggestion” that shoppers were suffering from large [...]

Stamp out pension tax speculation or risk another cash grab, industry warns Healey

Sadiq Khan ready to discuss ‘any credible proposal’ from West Ham for London Stadium

Leapmotor B03X: The Small Electric SUV That Makes Sense for London

By: Maurício Alencar

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