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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Tube strikes could cost London up to £760m this year

April 22, 2026

Tube strikes planned until June could cost London’s economy up to £760m altogether, analysis provided to City AM has estimated. Lost working days due to uncertainty over the terms of 24-hour strikes is set to lead to hundreds of millions of pounds in lost income, economists have said. The Centre for Economics and Business Research [...]
War propels UK inflation in new risk for interest rate hikes

April 22, 2026

Inflation sped up in March, official data has revealed, giving the Bank of England’s Monetary Policy Committee a headache as policymakers mull over whether to raise interest rates. Inflation jumped to 3.3 per cent last month as President Trump and Prime Minister Netanyahu’s war on Iran led to critical trade disruption across the Strait of [...]
Robbins: Starmer’s team was ‘dismissive’ about Mandelson vetting

April 21, 2026

Former Foreign Office permanent secretary Sir Olly Robbins has criticised Number 10’s “dismissive attitude” to security vetting for Lord Peter Mandelson, who accessed classified files before Robbins, who was recently sacked from his key civil service post, told the Foreign Affairs Committee that there was “constant pressure” on the Foreign Office to give Mandelson clearance [...]
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 [...]

Jet fuel crisis worse than Covid for airlines, says AirAsia chief

LIV Golf’s decline leaves sport with more questions than answers

5 amazing things to see at the Barbican’s 1996 exhibition

By: Mauricio Alencar

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