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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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 [...]
Construction firms are ‘lagging behind’ as confidence plummets

September 4, 2025

Construction firms are struggling to kick back into growth, fresh data has suggested, as more bosses are becoming worried about a bleaker future ahead. The Labour government is pinning hopes on a revival of the construction sector to build 1.5m homes by 2030. However, a new survey has raised doubts about whether Labour can achieve [...]
Nick Clegg: Labour’s choices have left UK in ‘perilous’ place

September 4, 2025

Former deputy prime minister Nick Clegg has blasted the Labour government for its poor preparations ahead of last year’s elections, which led to “ridiculous” decisions being made at least year’s £40bn tax grab in the Autumn Budget. Speaking to LBC, Clegg said Labour had made promises it could not deliver as it struggled to balance [...]
Rachel Reeves told UK economy is ‘stuck in first gear’

September 4, 2025

Chancellor Rachel Reeves has been warned by top industry bosses that the UK economy remains “stuck in first gear” as the British Chambers of Commerce (BCC) said growth would be slightly higher than expected this year. The BCC has revised its GDP growth estimate for 2025 up to 1.3 per cent from 1.1 per cent [...]
Bank of England: Interest rate cuts are near the end

September 4, 2025

The Bank of England is less likely to make drastic cuts to interest rates in the coming year as officials said the current cycle could “not go on forever”. In a hearing before the Treasury Select Committee, members of the Monetary Policy Committee (MPC) indicated markets may be correct to predict there would be no [...]
Angela Rayner on the brink: Deputy PM underpaid stamp duty on purchase of £800,000 property

September 3, 2025

Deputy prime minister Angela Rayner has referred herself to the standards watchdog after she admitted to underpaying stamp duty on her second home in Hove. A spokesperson for Keir Starmer has refused to confirm the date Rayner informed the Prime Minister about her tax dealings, raising questions on when he found out about new tax [...]

Burnham 1-0 Khan: Cardiff right place for Fury vs Joshua boxing bout

Burnham 1-0 Khan: Cardiff right place for Fury vs Joshua boxing bout

Lotus, Porsche and Corvette: the best sports cars to buy in 2026

By: Maurício Alencar

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