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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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All 1612 Articles
  • State pension to top £13,000 as triple lock piles pressure on Healey

    September 15, 2026

    The state pension is set to rise by £490 next year as a result of the triple lock, adding to “pressures” facing Chancellor John Healey as he draws up his first budget. New earnings growth data released on Tuesday has indicated that the triple lock pension will rise by 3.9 per cent.  The triple lock [...]

  • Private sector wage growth at lowest level in nearly six years

    September 15, 2026

    Private sector wage growth remains at lows not seen in nearly six years in a sign that Britain’s labour market is weakening further ahead of a crunch interest rate decision for the Bank of England on Thursday. New data has shown that the wider UK jobs market cooled further over the summer, adding to a [...]

  • Global city rankings: London shines but appeal ‘hurt’ by cost of housing

    September 15, 2026

    London’s ‘quality of life’ score has been dragged down by a housing affordability crisis as workers spend more as a share of their income on housing than residents of “nearly every city in the world”, a new report has found.  The latest Global Cities Index by Oxford Economics found that Londoners’ financial wellbeing was hindered [...]

  • Bank of England predicted to raise interest rates this year

    September 14, 2026

    The Bank of England will raise interest rates to four per cent by the end of the year, a top Wall Street bank has warned.  Goldman Sachs has upgraded its interest rate expectations amid concerns that inflation could jump higher than previously expected.  The bank said an interest rate hike this year was more likely [...]

  • Burnham warned against using ‘accounting trick’ to ramp up borrowing

    September 10, 2026

    Andy Burnham and John Healey have been warned against using an “accounting trick” to ramp up borrowing given the volatility shaking bond markets and traders’ vigilance to extra gilt issuance.  Analysts at Oxford Economics said that it looked likely the government would use extra borrowing across bodies like the British Business Bank and the National [...]

  • Number of parents at edge of £100k tax trap to ‘grow dramatically’ 

    September 10, 2026

    The number of parents grouping just under the £100,000 ‘tax trap’ salary in order to maintain access to free childcare will “grow dramatically”, tax researchers have warned, while some households continue to claim the benefit despite earning above the income threshold.  The Centre for the Analysis of Taxation (Centax) has estimated that there could be [...]

  • Businesses urge Healey to reduce cost pressures in pre-Budget campaigns

    September 10, 2026

    The bosses of Britain’s largest industry groups have urged Chancellor John Healey to reduce the cost of business in order to boost growth across the UK economy, City AM has been informed.  Several business chiefs sent letters to the Treasury on Wednesday night with demands for the government to relieve pressures on employers.  Correspondence landing [...]

  • Met Police investigates Reform UK over potential breach of electoral law

    September 9, 2026

    The Metropolitan Police has launched a formal criminal investigation into Reform UK over potentially illegal foreign donations after top party officials were filmed facilitating the acceptance of payments via a middle man.  Detectives will look into the party’s funding following the undercover sting operation by Channel 4 News.   The police were called to act by [...]

  • Burnham insists defence uplift ‘can’t come at expense’ of welfare

    September 9, 2026

    Andy Burnham has said an uplift in defence spending will not come “at the expense” of benefits.  During Prime Minister’s Questions, Burnham said “national security can’t come at the expense of social security” in response to attacks from Tory leader Kemi Badenoch over the absence of plans to get defence spending up to three per [...]

  • Gareth Southgate hits out at WFH and warns high taxes are harming youth unemployment

    September 9, 2026

    Former England manager Sir Gareth Southgate has said he is against working from home and argued that young people need workplace mentors to develop their careers.  On a trip with the Neets tsar Alan Milburn, Southgate hit out at companies’ working from home policies and linked it to the joblessness crisis facing under 25-year-olds.  “What [...]

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