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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Interest rate on student loans to be capped

April 7, 2026

Interest on student loans will be capped, in an attempt from the government to draw a line under a political row which has engulfed Westminster. Labour has announced that maximum interest rates on Plan 2 and Plan 3 student loans will not rise beyond six per cent from the next academic year starting in September. [...]
‘Cracks are showing’: Asylum contract deadline pushed back as pressure on Labour grows

April 7, 2026

The Home Office has pushed back a crucial deadline for private sector companies to bid for a key asylum accommodation contract, piling pressure on the government to see through its effort to reform the wider immigration system. A deadline for businesses to engage the Home Office on a new contract for managing asylum accommodation has [...]
14 charts reveal the massive challenges facing UK and NATO defence spending

April 7, 2026

Defence spending is casting a shadow over Downing Street. Military officers are in a state of despair. The choices facing Sir Keir Starmer are stark. The political calculus for the Chancellor, Rachel Reeves, has become more complicated than ever as the Iran war puts public finances in danger. Their difficulties go back to February 2025 [...]
Tories urge Waitrose to re-hire worker who tackled shoplifter – and give him a bonus

April 6, 2026

Shadow home secretary Chris Philp has urged the boss of Waitrose to re-hire Walker Smith, who tackled a shoplifter in south London attempting to steal luxury Easter eggs. Waitrose shop assistant Walker Smith was sacked by the supermarket after tackling a shoplifter, whom Smith recognised as a repeat offender. Philp wrote to Denyard, the managing [...]
MPs demand Kanye West ban as FTSE 100 sponsor ditches Wireless Festival

April 6, 2026

Labour MPs are calling on Sir Keir Starmer to ban Kanye West from performing in north London this summer as major sponsors ditched Wireless Festival. Luke Akehurst and Rachael Maskell are among some of the MPs to have publicly urged Starmer to intervene on a visa to be issued to the ‘Gold Digger’ rapper, who [...]
Bank of England: Businesses sharply raise inflation expectations

April 2, 2026

Businesses’ inflation expectations shot up in March according to a closely-watched Bank of England survey, as bosses braced for a surge in energy costs as a result of the Iran war. The Banks’ decision makers’ panel, a monthly poll of thousands of execs, found that the average expected inflation rate in the next year was [...]
Reform fundraiser Nick Candy offloads £270m mansion in ‘biggest sale ever’

April 2, 2026

Reform UK’s chief fundraiser Nick Candy has sold his property in Chelsea at a value of around £270m, it has been reported, in what has been dubbed the biggest house sale in history. Candy, the real estate mogul behind One Hyde Park in Knightsbridge, has sold the family home to an unnamed buyer, according to [...]
Farage slammed over pledge to keep ‘unsustainable’ triple lock pension

April 2, 2026

Nigel Farage’s Reform UK has come under fire after committing to maintaining the triple lock pension, the financial mechanism that ensures pensioners’ earnings are increased by whatever is higher out of inflation or wage growth even in times of economic crisis. In a press conference on Thursday, Treasury spokesman Robert Jenrick said pensioners were worried about [...]
Jim Ratcliffe backs Tory pledge to slash net zero tax

April 2, 2026

Sir Jim Ratcliffe has joined a number of manufacturing bosses in support of a Tory pledge to axe carbon taxes levied through a trading scheme critical to the government’s net zero efforts. In a joint release between the Conservatives plus the Ineos chief and other industry bosses, the Kemi Badenoch’s party said it would save [...]
Costs up, demand down: Manufacturers suffer biggest squeeze since 2022

April 1, 2026

Costs for the UK’s manufacturing sector have risen at the fastest pace in three and a half years, new data has indicated, as the energy price shock from the Iran war hammers businesses. S&P Global research has found that manufacturers suffered the highest increase in input prices since late 2022 when Russia’s invasion of Ukraine [...]

War of words erupts after Saba wins trust shareholder showdown

Leeds United investor buys stake in Spanish giants Atletico Madrid

The Crime Lord: Peter Capaldi on the manosphere, London and rocking out with his band as he approaches 70

By: Mauricio Alencar

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