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 warns of ‘long and difficult road’ to build fairer country

September 29, 2025

Prime Minister Keir Starmer will tell Labour members that the government faces a “long and difficult” path towards rebuilding the country in a speech set to define his leadership after a troubled year in office. Starmer’s speech on Tuesday afternoon will warn the audience at the Labour Party Conference that decisions will not be “cost-free”, [...]
Rachel Reeves warns ‘harder choices’ coming at Budget

September 29, 2025

Chancellor Rachel Reeves has warned that her choices will be “harder” at this year’s Budget, with questions being raised on whether she will row back on Labour manifesto tax commitments to plug a £30bn shortfall. In a speech at the Labour Party conference, Reeves said that “harsh global headwinds” and the effects of her Tory [...]
Labour to grant settled status only to working migrants

September 29, 2025

The UK government will only grant settled status rights to working migrants under radical plans drawn up by Labour’s Shabana Mahmood. In a speech at the Labour Party Conference in Liverpool, Mahmood will tell an audience of activists that the government will tighten its indefinite leave to remain rights, which allow migrants to gain settled [...]
Rachel Reeves takes dig at Andy Burnham over bond markets

September 26, 2025

Chancellor Rachel Reeves has said the government was reliant on bond traders as part of an effort to fix “precarious” public finances in a pointed dig at Labour’s Manchester Mayor Andy Burnham. In a panel discussion in front of an audience of centre-left figures on Friday, Reeves struck a defiant tone against mooted criticism she [...]
UK population: High migration drives near record growth

September 26, 2025

The UK population increased by 755,300 in the year to mid-2024, marking the second-largest annual rise in over 75 years, mainly due to high net migration. The Office for National Statistics (ONS) stated that the UK population had reached 69,281,400, with England experiencing a larger increase than other nations. Net migration reached 738,700 over the 12 months [...]
Keir Starmer unveils ‘Brit card’ to tackle illegal migration

September 26, 2025

The UK government will introduce a mandatory digital ID card – labelled the ‘Brit card’ – in a bid to make Whitehall more efficient and take control of illegal work by some migrants as Keir Starmer said the country had to take on “the politics of predatory grievance”. The Prime Minister announced plans on Friday [...]
Brits get poorer amid high inflation and soaring taxes

September 25, 2025

British families saw their incomes drop in real terms last year when household sizes are taken into account, official data has shown, with high inflation and tax demands squeezing people’s finances. The Office for National Statistics has revealed that equivalised original income for UK households dropped by £1,400 in real terms because salaries did not [...]
Farage confronts ‘dinosaur’ Bailey on Bank’s independence

September 25, 2025

Reform UK’s Nigel Farage and Richard Tice challenged Bank of England Governor Andrew Bailey on Treasury losses from quantitative tightening (QT) at a showdown meeting on Thursday morning, with market instability partly caused by the programme and stablecoins regulation raised as subjects of discussion. Farage and Tice sat down with the Bank of England Governor [...]
Labour’s mixed messages ‘confuses’ UK government procurement

September 24, 2025

The UK government’s £400bn procurement budget used to deliver on key policies and projects has been squandered due to Labour’s mixed messaging on its priorities, a new report exclusively shared with City AM has suggested. The state spends billions of pounds a day for public services, with everything from IT software to fighter jets and [...]
Nigel Farage rows back on key migration pledges

September 24, 2025

Nigel Farage has appeared to row back on key aspects of his legal migration pledges amid mounting questions over whether his figures stand up as well as fierce criticism from top lawyers and researchers on the viability of his plan to end Indefinite Leave to Remain. The Reform UK leader told LBC on Wednesday morning [...]

Was the transfer window impacted by UK tax rules?

Was the transfer window impacted by UK tax rules?

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

By: Maurício Alencar

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