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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Race for Labour deputy reignites wealth tax debate

September 9, 2025

Labour’s Islington South and Finsbury MP Emily Thornberry has thrown her hat in the ring for Labour deputy leader and proposed a new wealth tax as part of her campaign, prompting Chancellor Rachel Reeves to strike down calls by ruling out its introduction. Thornberry, the former shadow foreign secretary under Jeremy Corbyn’s leadership who now [...]
UK economy dubbed ‘stagflation-lite’ as Starmer talks up ‘patriotic’ growth mission

September 9, 2025

The UK economy is not expected to have recorded any growth in the month of July as leading analysts suggest that a lack of clarity over Labour’s future policies are hitting firms – despite a call from the prime minister for ministers to take on a “patriotic duty” to drive growth. Rachel Reeves and Keir [...]
Meet the new ministers driving Labour’s latest growth mission

September 9, 2025

A £25bn fiscal black hole, fading housebuilding hopes and lacklustre productivity growth marked a troublesome end to the first year in office for the new occupants of Downing Street this summer. While the resignation of Angela Rayner – the popular Labour figure who had called for the Treasury to turn left and tax the wealthy – [...]
Sadiq Khan accused of avoiding public over tube strikes

September 9, 2025

Sadiq Khan has been accused of hiding from the public amid ongoing tube strikes hitting Londoners and commuters, with costs on businesses projected to rise above £100m. The Mayor has faced heavy criticism over the lack of public comments made in response to the tube strikes, with union bosses holding firm on radical demands to [...]
No 10 backs ‘fed up’ Londoners in tube strikes row – as pressure grows on Khan

September 8, 2025

No 10 has backed “fed up” Londoners hit by tube strikes on Monday as Mayor Sadiq Khan was urged to find a solution with the trade union RMT to end industrial action. People across the capital have been hit by strikes stopping services on the London Underground, with disruption to last until Friday. The prime [...]
Starmer to back unions over businesses amid backlash over Employment Rights Bill

September 8, 2025

Keir Starmer is set to push back against business-led amendments proposed by the House of Lords to water down the Employment Rights Bill, as the government is backing unions’ calls for workers’ rights to be strengthened. MPs are set to consider changes proposed in the Lords to replace a new right against unfair dismissal from [...]
Defence spending will ‘generate 85,000 jobs’ by 2035

September 8, 2025

Defence spending commitments will create a total of 85,000 jobs across the sector in the next 10 years, analysis by a leading industry body has suggested, as government officials are rolling out plans to attract investment from the private sector. Ahead of a conference on defence investment, the trade body ADS has said the defence [...]
Labour deputy leader hopeful slams Rachel Reeves’ ‘excessive deference’ to OBR

September 8, 2025

The prominent backbencher and former transport secretary Louise Haigh, who is a frontrunner to become the deputy leader of the Labour Party, has taken aim at Chancellor Rachel Reeves’ “excessive deference” to the Office for Budget Responsibility (OBR) and adhering to “arbitrary fiscal targets”. Senior officials in the Labour Party are set to agree on [...]
Nigel Farage: Labour government will collapse in 2027

September 5, 2025

Nigel Farage has set his sights on a General Election in 2027 due to the collapse of the Labour government as he geared up electoral planning at Reform’s party conference. Moving his speech forward three hours to deliver his response to Angela Rayner’s resignation as deputy prime minister, Farage said the government was “deep in [...]
Starmer refuses to say he’ll sack Rayner if she broke ministerial code

September 4, 2025

Keir Starmer has refused to confirm that he would sack Angela Rayner as housing secretary – and deputy PM- even if the government’s ethics adviser finds that she has broken the ministerial code. In an interview with the BBC, Starmer said he would “make a decision on what I see” in a report expected to [...]

Thames Water faces fresh threat to survival after pensions regulation breach

Champions Cup rugby team hacked in ransom attack with player data at risk

A tribute to wine legend Matthew Jukes by his friend Libby Brodie

By: Mauricio Alencar

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