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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US tariffs war could ‘trigger UK recession’

January 19, 2026

President Trump’s latest tariff package could plunge the UK economy into a recession, top economists have warned, upping the stakes for Keir Starmer as he responds to threats against Greenland. The US president warned leading European nations, including the UK, he would slap additional 10 per cent tariffs on goods imports if a deal for [...]
Starmer calls for ‘calm’ as US tariff war flares up

January 19, 2026

Sir Keir Starmer urged US and EU allies to engage in “calm discussion” in order to stave off a tariff war while re-iterating the UK’s commitment to upholding Greenland’s sovereignty. President Trump stunned allies by threatening to impose additional 10 per cent tariffs on UK imports from next month due to opposition to his plans [...]
IMF: UK economy to lag behind growth of advanced economies

January 19, 2026

The UK economy is set to grow at a slower pace than the average across advanced economies in each of the next two years, the International Monetary Fund (IMF) has said, in a warning on the Labour government’s ability competitiveness against world powers. The IMF has kept its UK growth figures for 2026 and 2027 [...]
UK economy ‘languishing’ behind peers as living standards stagnate

January 19, 2026

The Labour government risks leaving the UK economy falling further behind major trading partners, left-leaning economists have warned, as they urged Rachel Reeves to ramp up growth plans ahead of crucial meetings in Davos this week. A new report by the Resolution Foundation, the think tank where several current Treasury ministers brainstormed policies before becoming [...]
UK growth spurt due to ‘payback for earlier weaknesses’

January 16, 2026

The UK economy’s growth spurt in November was just a recovery from “earlier weakness” after hits to Jaguar Land Rover’s production lines and “ongoing” problems with data calculations” weighted on earlier readings, top analysts have warned. Data published on Thursday morning showed the UK economy inched up 0.3 per cent in November despite expectations of [...]
London’s ‘record low confidence’ blamed on Labour workers’ rights bill

January 16, 2026

London is suffering from record low business confidence due to Labour government’s Employment Rights Bill, an industry group has warned. The London Chamber of Commerce and Industry said it recorded the lowest ever level of business confidence in its quarterly economic survey of 500 business chiefs across the capital. The group warned that the “punitive” [...]
UK economy grows more than expected but remains ‘fundamentally weak’

January 16, 2026

The UK economy grew more than expected in November last year but remained “fundamentally weak”, official data has shown, reflecting businesses’ nerves about Rachel Reeves’ Budget measures. New Office for National Statistics (ONS) figures showed growth in the UK economy inching up. Business analysts warned over several months that pre-Budget speculation had dampened spending and [...]
UK jobs at risk from ‘over-reliance’ on China

January 16, 2026

Tens of thousands of jobs in high-growth sectors are feared to be at risk due to the UK’s trading reliance on China, researchers have warned. The Institute for Public Policy Research (IPPR), a left-leaning think tank that has shared a close relationship with senior Labour figures, has warned that around 90,000 jobs are at the [...]
Robert Jenrick defects to Reform after sacking from ‘rotten’ Tories

January 15, 2026

Robert Jenrick has announced his defection to Reform UK after Tory leader Kemi Badenoch sacked him for plotting to switch over “in secret”. Hours after Badenoch announced Jenrick’s suspension from the Conservative Party, the former shadow justice secretary appeared in a press conference alongside Nigel Farage promoting the transfer. In a press conference he arrived [...]
Khan urges Reeves to bring back tax-free shopping

January 15, 2026

Mayor Sadiq Khan has called on Chancellor Rachel Reeves to bring back tax-free shopping for tourists to drive public revenue gains. Khan has lobbied the Treasury to re-introduce VAT-free shopping for visitors more than four years after the previous Conservative government scrapped the perk. Conservative City Hall member Thomas Turrell raised the issue of tourism [...]

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By: Mauricio Alencar

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