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.

Connect on socials

All 1548 Articles

FTSE 100 Live: Public borrowing jumps, Coca Cola £2bn takeover

October 21, 2025

Good morning from the City AM liveblog team. The London listings revival is gathering pace as prize draw operator Winvia today confirmed plans for an initial public offering (IPO) in the capital. The Omaze rival is set to list on London’s junior AIM market, seeking to raise around £40m from the sale of new shares [...]
Third of employers would hire young people if offered tax credits

October 21, 2025

Over a third of employers would hire more young people if they were offered tax credits, fresh research has found, amid reports the government is drawing up a plan to subsidise employment for under 24-year-olds. Research by the Recruitment and Employment Confederation (REC) showed some 36 per cent of employers claiming they would offer role [...]
FCA’s diversity requirements go ‘far beyond remit’, report warns

October 21, 2025

The Financial Conduct Authority (FCA) and other public sector diversity initiatives go “far beyond” remits set by legal requirements, a report has warned, prompting Reform UK to vow to reset systems to reward “talent and merit alone”. Analysis in a paper by the Institute of Economic Affairs (IEA) has suggested that diversity policies advanced by [...]
City chiefs sound alarm on China embassy

October 21, 2025

Senior figures within the City of London Corporation have told City AM of their concerns regarding China’s controversial plans for a new super-embassy on the edge of the Square Mile. The proposed embassy development on the edge of the City of London has triggered alarms over possible threats to the security of sensitive cables passing [...]
Labour urged to block Chinese embassy amid spy row

October 20, 2025

The Labour government has been urged to shut down China’s application for its new embassy at the Royal Mint Court site amid fears the country poses a threat to UK national security. Senior Tory MPs Alicia Kearns and Tom Tugendhat, who allege they were spied on by China, called on the government to block an [...]
Property taxes send UK to ‘second-bottom’ of global rankings

October 20, 2025

The UK is second-bottom of global competitiveness rankings for property taxes, fresh analysis has shown, undermining Chancellor Rachel Reeves’ ambition to “back the builders, not the blockers”. The Tax Foundation’s International Tax Competitiveness Index placed the UK at 32nd out of 38 in a damning indictment of HMRC’s complicated rules and a higher burden preventing [...]
Inflation set to hit double Bank of England’s target

October 20, 2025

The UK’s isolated struggles with price growth are set to hit a new milestone on Wednesday as consumer price index (CPI) inflation will surge to double the Bank of England’s target rate. In more troubling news for the Treasury and the Bank’s interest rate-setters, inflation is forecast to hit four per cent in the year [...]
Rachel Reeves’ growth policies scored by City AM

October 20, 2025

As Rachel Reeves does her maths ahead of the 26 November Budget, she will hope that Labour’s policies have delivered enough growth to limit the number of tax hikes needed to restore her £9.9bn fiscal headroom. The fiscal black hole facing the Treasury could be between £20bn and £30bn due to higher borrowing costs, productivity [...]
Business leaders ramp up pre-Budget lobby efforts amid tax fears

October 20, 2025

Business chiefs are ramping up efforts to sway Chancellor Rachel Reeves ahead of this year’s Budget as fears are mounting that fresh tax hikes could squeeze profits at firms up and down the UK. A series of letters written by heads of trade bodies have landed on the Chancellor’s desk over the last week, with [...]
Rachel Reeves gears up for £1bn savings in Motability

October 17, 2025

Rachel Reeves is reportedly planning a £1bn savings package through cuts to the Motability scheme offered to disabled people. As part of a drive to plug a £30bn hole in the public purse, the Chancellor is considering reducing the number of BMWs and Mercedes some disability claimants can access through the Motability scheme, which is [...]

Robert Jenrick hits out at Deloitte and KPMG over job cuts

Fifa still refusing to share World Cup sell-off papers, says FA chair

Cloth Cornhill review: A London icon returns – and it’s fabulous

By: Maurício Alencar

All 1548 Articles

Subscribe