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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Job vacancies fall to lowest level in five years

April 21, 2026

The UK jobs market took a turn for the worst as job vacancies fell to their lowest level in nearly five years, according to official figures. The Office for National Statistics (ONS) said the number of vacancies fell by an estimate of 29,000 in the three months to March. It is the lowest level of [...]
‘It beggars belief’: Starmer insists he was not told about Mandelson’s vetting fail

April 20, 2026

Sir Keir Starmer has insisted he was not told that Lord Peter Mandelson failed a security vetting before telling MPs that “due process” around his appointment as US ambassador was followed. Starmer told MPs on Monday that he asked Whitehall officials to review whether due process was followed last September on whether the security vetting [...]
‘Disgraceful’: Khan and RMT in tube strike deadlock ahead of disruption

April 20, 2026

Sadiq Khan and Transport for London are at loggerheads with a major transport union, with tube strikes all but confirmed to take place between Tuesday and Friday this week. Talks between representatives ahead of strikes beginning at 12pm on Tuesday 21 April are at an impasse, with union leaders blaming TfL bosses for failing to [...]
Airfares, petrol pumps, rent: Inflation to jump due to Iran war

April 20, 2026

Inflation is expected to jump to 3.3 per cent as the first effects of the war in Iran will be recorded in a new set of data. The Office for National Statistics (ONS) is expected to reveal that inflation inched up in the year to March due to soaring fuel prices and tremors across financial [...]
Top Foreign Office civil servant ousted over latest Mandelson bombshell

April 16, 2026

The top civil servant in the Foreign Office has been ousted after losing the confidence over Sir Keir Starmer and foreign secretary Yvette Cooper. Foreign Office permanent under-secretary Sir Olly Robbins has become the latest Westminster figure to lose their role to the Mandelson scandal after it had emerged the disgraced peer was denied clearance in [...]
UK suffered biggest unemployment surge in G7

April 16, 2026

UK unemployment rose at a faster pace than any country in the G7, the OECD has said, with a sharp rise in joblessness particularly damaging for the youngest people. Unemployment levels across the country rose sharply by 0.8 percentage points over the year to 5.2 per cent between the last three months of 2024 and [...]
Nick Candy eyes payday after £275m home sale to Labour donor

April 16, 2026

Reform UK fundraiser Nick Candy is looking to cash in on his assets after it was revealed that he sold his £275m home to a former Labour donor in what was put down as the largest house purchase in history. Quadrature Capital’s Suneil Setiya bought the hidden Chelsea mansion from Candy, according to the Financial [...]
UK growth spurt ‘too good to be true’

April 16, 2026

The UK economy’s growth spurt is “too good to be true”, analysts have warned, as economists said Rachel Reeves should intervene on the country’s energy policy. ING’s James Smith said the latest data showing a 0.5 per cent jump in growth was consistent with trends seen over recent years where the UK economy has fired [...]
UK economy jumped above forecasts before Iran war

April 16, 2026

The UK economy was growing ahead of expectations before the war in the Middle East erupted, official data has shown. The Office for National Statistics (ONS) said GDP grew by 0.5 per cent over February, though City analysts have suggested the figures are “too good to be true” given trends seen in recent years. In [...]
FTSE 100 Live: Entain leads modest stock jump; Surprise growth ‘pushed to rear view’

April 16, 2026

Good morning and welcome back to the City AM liveblog. Markets are betting the latest round of peace talks will bring some resolution to the conflict in the Middle East. US markets managed to clinch a record high close on the latest news of peace talks but in London the FTSE 100 splintered and finished [...]

G7 agrees to release diesel reserves after crisis meeting

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What’s on in October

By: Maurício Alencar

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