By: Mauricio Alencar

Politics and Economics Reporter Maurício Alencar is City AM’s Politics and Economics Reporter. He covers the state's relationship with the City of London and UK business, jumping between Westminster and the Square Mile. He picks up all stories on 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 decision-makers. He used to cover sports, foreign news and home news at various publications – plus investigations, which he plans to continue to pursue.

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Reeves to meet North Sea oil bosses amid inflation ‘uncertainty’

March 3, 2026

Chancellor Rachel Reeves has revealed she will meet North Sea oil and gas bosses on Wednesday in London, with a market price surge putting the UK economy’s path towards lower inflation in jeopardy. Reeves told MPs during her Spring Statement that she would meet energy bosses from companies operating off Scotland as the government looks [...]
Spring Statement: Reeves defends Labour’s agenda as growth forecast slashed

March 3, 2026

Chancellor Rachel Reeves has defended Labour’s high tax and expenditure policies as new economic forecasts provided a bleaker outlook on growth and unemployment this year. In a statement to the House of Commons, Reeves said updated forecasts by the Office for Budget Responsibility (OBR) showed her decisions as Chancellor were “starting to pay off”. Her [...]
GB News loss widens despite revenue jump

March 3, 2026

GB News has posted another loss-making year despite sharp growth in viewing figures, with the Paul Marshall-owned broadcaster now burning through some £120m since its launch in 2021. In new accounts filed for the year ending in May 2025, GB News said its loss amounted to just over £22m. That was smaller than in 2024, [...]
Trump laments collapse of special relationship amid brawl with Starmer

March 3, 2026

President Trump has described the breakdown of the special relationship as “very sad” amid a spat with Sir Keir Starmer on the UK’s refusal to allow military bases to be used for attacks on the Iranian regime. Trump has hit out at Starmer for the second consecutive day, claiming the Prime Minister had not been [...]
Spring Statement Live: UK growth cut for 2026 but Reeves touts future forecasts

March 3, 2026

Welcome back to the City AM liveblog. Rachel Reeves delivered her Spring Statement today, as the Office for Budget Responsibility published its updated forecasts for the years ahead. The Chancellor was handed quite a hefty blow with the UK’s growth estimate for 2026 slashed to 1.1 per cent from 1.4 per cent the year prior. [...]
Greens close gap with Labour in polls after historic by-election win

March 3, 2026

The Greens are now biting at the heels of the Labour Party in national polling after its candidate Hannah Spencer stormed to a historic by-election win in Gorton and Denton last week. The latest City AM/Freshwater Strategy poll puts the Greens on 15 per cent, with Labour ahead of them by three points, a smaller [...]
Reeves to deliver ‘stability’ Spring Statement amid turmoil in Iran

March 3, 2026

Chancellor Rachel Reeves is set to deliver a Spring Statement trumpeting the UK’s economic stability against the backdrop of a war in the Middle East, with official forecasts expected to touch on lower growth, falling inflation and higher unemployment over the coming months. In an address to the House of Commons around 12.30pm today, Reeves [...]
Trump and Starmer in row over use of UK military bases

March 2, 2026

President Trump has said he is “very disappointed” in Sir Keir Starmer after the UK initially refused to allow the US to use military bases to organise attacks on Iran over the weekend. Trump has said the Prime Minister “took far too long” to change his mind in allowing military bases to be used after [...]
Badenoch: Starmer’s refusal to back US strikes a ‘pure political calculation’

March 2, 2026

Tory leader Kemi Badenoch has accused Sir Keir Starmer of initially refusing to allow the US to use its military bases for strikes on Iran for “political” reasons rather than legal ones. In a speech at Policy Exchange, the centre-right think tank, Badenoch said the UK’s response to the conflict in the Middle East had [...]
Manufacturing exports highest in four years despite jobs decline

March 2, 2026

Export orders across the manufacturing sector hit its highest level in four years and a half despite a continued decline in employment across the sector, new research has shown. S&P Global’s purchasing managers’ index (PMI) has pointed to upbeat news on the UK economy ahead of tomorrow’s Spring Statement, which will be delivered by Chancellor [...]

Sainsbury’s threatens to crack down on shoplifters caught swapping eggs

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The watch podcast disrupting the ‘pale, male and stale’ image

By: Mauricio Alencar

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