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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Emergency government meeting held over high temperature amid ‘strain on public finances’

August 12, 2026

The government will hold an emergency meeting to discuss the country’s response to this summer’s high temperatures and drought amid fears that it will add a “strain” on the public finances. Prime Minister Andy Burnham will chair the ‘Cobra’ meeting of ministers overseeing health, water, housing and local government, as well as officials from agencies [...]
Andy Burnham to ‘go further’ in business rates reform

August 12, 2026

Andy Burnham said he would “go further” in introducing business rates reform after already announcing that property taxes would be cut for pubs in return for higher levies on vape shops. The Prime Minister said he will look to bring in more radical changes to the business rates system as part of efforts to ease [...]
Doctors union tops up £1m reserve pot for strikes

August 12, 2026

The trade union for doctors has stashed away hundreds of thousands of pounds more to fund future strike action despite posting another year of losses, new accounts reveal. The British Medical Association (BMA), which represents over 200,000 doctors and students, put aside around £300,000 more funds towards its reserve for industrial action last year, according [...]
Energy discount scheme for homes near new pylons branded ‘bribe’ by Reform

August 12, 2026

Households around north London and a series of other places where new pylons are being built will receive electricity bill discounts from next year in a scheme branded as a “bribe” by Reform UK. Families living in more than 40 locations across Britain — mostly in Scotland — will receive biannual cash discounts on bills. [...]
Can John Healey deliver Burnham’s make-or-break devolution agenda?

August 11, 2026

Devolution is Andy Burnham’s preferred growth lever. Maurício Alencar explores how devolution under Chancellor John Healey could save Britain – or destroy it. In 1998, two of the closest aides of then-chancellor Gordon Brown produced a report into the regional economic divide in Britain. The report, called ‘Towards a new regional policy: Delivering growth and [...]
UK economy to ‘reverse gains’ as construction drags growth

August 11, 2026

The UK economy’s modest gains from the first half of the year are set to be reversed as the flagging construction industry is set to hammer growth prospects, economists have said. A poll of economists, tracked by Bloomberg, believe GDP contracted by 0.1 per cent in June, partly unwinding previous gains. Pantheon Macroeconomics analysts said [...]
‘Cost of business crisis’ as government drives up overheads by 70 per cent in a decade

August 11, 2026

British companies are facing a “cost of business crisis” as a string of controversial government policies have pushed up an average firm’s expenses by 70 per cent in a decade, one of the country’s largest industry bodies has found. A typical-mid-sized firm is now paying roughly £827,000 more a year than they were in 2016 [...]
Top economists shun Burnham over wealth taxes

August 10, 2026

Economic heavyweights who were reported to be advising Andy Burnham have opted not to join his government due to disagreements over potential wealth taxes, it has been reported. Lord Jim O’Neill, the former Goldman Sachs executive, is in ongoing talks with Burnham over a potential role, City AM reported last week. Fresh reports have suggested [...]
Burnham bounce: PM gets popularity boost – at Farage’s expense

August 10, 2026

Andy Burnham scored a sharp boost in popularity ratings in July just as Nigel Farage’s ratings cratered, new polling has found. The latest City AM/Freshwater Strategy poll of UK voters has shown that Burnham’s approval ratings jumped by 12 points in July from a net score of zero, making him the most positively received figure [...]
Burnham facing calls to cut employment red tape as job seekers grow for 41 months

August 10, 2026

The government is facing calls to strip red tape around employment after the pool of people looking for jobs in the UK grew for a 41st consecutive month. The number of people on the hunt for work has now grown for nearly three and a half years while the number of available jobs has declined [...]

Wealthy investors accelerate gifting amid fears of Budget tax raid

Landmark Royal Antwerp case is another test of EU’s appetite to help football consumers

Does the Range Rover Sport Electric have the harder job?

By: Maurício Alencar

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