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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Badenoch: City’s risk culture should be ‘championed’ to boost UK growth

June 16, 2026

Tory leader Kemi Badenoch will pledge that the role of the City of London would be one of her central levers for driving economic growth, whilst suggesting that financial regulators have buckled to pressure from media and political leaders in recent years. In an address to City financiers, Badenoch will argue that the Square Mile [...]
Serco hits back after Zia Yusuf accuses FTSE 250 firm of being ‘hostile to Reform’

June 15, 2026

One of the UK government’s biggest private sector contractors has denied being hostile to Reform UK after the party’s home affairs spokesperson Zia Yusuf after accused it taking “political positions” against his immigration policy. Citing a report in the Telegraph that suggested FTSE 250 firm Serco would refuse to support Reform’s deportation plans if it [...]
Andy Burnham commits to triple lock despite backlash over ‘unsustainable’ policy

June 15, 2026

Andy Burnham has committed to keeping the triple lock pension and allowing pensioners to escape paying income taxes despite the policy being opposed by swathes of economists and MPs. Burnham said he would keep the triple lock pension, the mechanism that ensures the taxpayer-funded state pension rises by whichever is highest out of wage growth, [...]
Jenrick vows to partly undo Reeves’ £25bn employer NICs rise – for Britons

June 15, 2026

Reform UK’s Robert Jenrick has said the party would undo Rachel Reeves’ £25bn tax rise on employers’ national insurance contributions – but only when employers hire British workers. Jenrick said Reform was set to put “British workers first, migrant workers second” by reforming tax to treat Britons differently to workers taken from overseas.” Reform’s Treasury [...]
Interest rates set to be held as inflation to remain ‘elevated’ despite Iran peace deal

June 15, 2026

Interest rates are expected to be left unchanged as Bank of England policymakers wait to find out whether the Iran war peace deal holds up. The Bank’s Monetary Policy Committee (MPC) is set to keep interest rates at 3.75 per cent at a decision later this week. Its decision would suggest that the Bank is [...]
‘Nothing is straightforward’: Market analysts warn of US-Iran deal complications

June 15, 2026

Top market analysts warned on Monday that “nothing is straight forward” as euphoria spread across European equities after a confirmed peace deal between the US and Iran. Stock markets opened in the green as investors returned to a risk-on mentality after Pakistan announced an agreement between the two nations and Donald Trump declared the oil [...]
‘Protecting children is right’: Starmer takes on Big Tech with social media ban for under-16s

June 15, 2026

Keir Starmer has announced a ban on social media for under-16s, arguing that platforms are harming children’s wellbeing and fuelling a generation of unhealthy online habits. The Prime Minister said social media was making children “unhappy”, making it easier for bullies to harass and abuse young people and potentially damaging their mental health. Speaking at [...]
Starmer agrees investment deal with Japan as EU deal questioned

June 13, 2026

The UK government has agreed an £18bn investment deal with Japan in a bid to boost post-Brexit international ties but questions are now looming over Sir Keir Starmer’s “reset” deal with the EU. Starmer said “landmark agreements” with Japan on technology and life sciences would lift the UK economy and improve trade with the fourth [...]
US and Iran agree to peace deal’s text, negotiators say

June 13, 2026

The US and Iran have agreed to the wording in a peace deal for the war to end and the Strait of Hormuz to re-open, according to negotiators. Pakistani prime minister Shebaz Sharif, who has hosted peace negotiations, said there was a “final, agreed-upon text@. He also added in a post on X that “peace [...]
Thames Water, energy grid, rent prices: Burnham drums up public control agenda

June 13, 2026

Andy Burnham will press for an agenda of public control over water companies, the national energy grid and government procurement regulation if he becomes Prime Minister. Reports on Saturday indicated that the Manchester mayor, who is standing as Labour’s candidate in the Makerfield by-election before a likely bid to become the party’s leader, would push [...]

FOMO drives Premier League clubs to new record summer spending of over £3bn

FOMO drives Premier League clubs to new record summer spending of over £3bn

Lost Village festival review: is this posher than Wilderness?

By: Maurício Alencar

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