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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Banks cool on interest rate cut expectations amid forecasting clash

January 28, 2026

Top City banks have pushed back their predictions for the Bank of England’s next interest rate cut as forecasters are split on whether high inflation could upend monetary policy decisions. UBS Investment Bank economist Anna Titareva pushed back a call for the Bank’s next cut from February to March after the Office for National Statistics [...]
Starmer warned on ‘severe’ risk of trading with China

January 28, 2026

Keir Starmer has been warned about the “severe” risk of trading with China as he said building economic relations with the world’s second largest economy would drive growth. The Prime Minister landed in Beijing on Wednesday for meetings with Chinese officials including President Xi Jinping in the coming days. He has been joined by City [...]
Exclusive: Corbyn and Sultana’s Your Party UK Ltd to be deleted

January 27, 2026

Jeremy Corbyn and Zarah Sultana’s Your Party is set to be wiped off an official register, City AM can reveal. The two former Labour politicians, who are both listed as directors of the party on Companies House, have tussled for control while the launch of the party last year has been dogged by questions over [...]
£300m tax relief for pubs ‘a sticking plaster’

January 27, 2026

Chancellor Rachel Reeves has unveiled a £300m package to support to pubs in their battle against rocketing business rates after widespread backlash to Budget announcements, representing yet another government U-turn on tax plans. The Treasury has announced it will give pubs and music venues a 15 per cent discount on business rates bills from April [...]
Nearly 600 jobs to go as Revolution Bars rescue deal shuts over 20 sites

January 27, 2026

Nearly 600 jobs are set to be wiped out after a last-minute rescue deal to acquire the group behind Revolution Bars will see more than 20 sites closed with immediate effect. Administrators for Revel Collective, the AIM-listed hospitality group which also owns the Peach pubs chain, said two separate deals had been reached to sell [...]
Exclusive: George Osborne family business pays out nearly £1m despite losses

January 27, 2026

George Osborne’s family has received nearly a million pounds in payments from a wallpaper company that has continued to file losses, official accounts show. The former UK Chancellor is slated to have made up to £877,000 alongside his parents and a finance officer working at Osborne & Little, the family-owned wallpaper business which has existed [...]
Starmer under fire over China trip amid phone-hacking revelations

January 27, 2026

Keir Starmer is under fire over his a trade-focused trip to China this week as further reports of espionage emerged. Chinese officials are believed to have hacked the phones of key government officials, according to The Telegraph. Hackers targeted top aides to UK prime ministers including Boris Johnson, Liz Truss and Rishi Sunak, intelligence sources [...]
Food prices to jump despite easing inflation predictions

January 27, 2026

Food prices are projected to jump higher despite economists’ predictions of easing inflation, according to a fresh survey, which warned that soaring energy prices and taxes were exacerbating the cost of living for Britons. New data by the British Retail Consortium has suggested that food price inflation could rise at a faster pace, weighing heavily [...]
Profit warnings citing global upheaval hit ‘record high’

January 27, 2026

The proportion of profit warnings issued by UK-listed companies where bosses complain about policy uncertainty and geopolitics reached a record high last year, fresh analysis has shown. New data by EY has shown that 240 firms warned investors that profits would fall short of market expectations. Though this was the lowest figure since 2021 – [...]
Andy Street: Conservatives can beat Reform with centre-right policies

January 26, 2026

The Conservatives can beat Reform UK if it leans into pro-business policies put forward by a new centre-right group, former Birmingham mayor Andy Street has said. Street said his new political group co-founded with former Scottish Conservatives leader Baroness Davidson – and backed by dozens of former Cabinet ministers and policy officials – can help [...]

British Airways travellers hit as 3,000 luggage items stuck in Heathrow

Beer, kits, hospitality and stadia can take Women’s Super League to greater heights

Electra/Persona at the National Theatre review: A dull mash-up of Sophocles and Bergman

By: Maurício Alencar

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