Maurício Alencar

London

Economics and City Reporter at City A.M.

Contributor at Freelance

Economics and City Reporter @cityam | 🇬🇧 🇧🇷 | also pick up stories on immigration and a bit of football

Articles

UK economy shows early signs of recovery after ‘Awful April’

2 weeks ago | msn.com | Maurício Alencar

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UK economy shows early signs of recovery after ‘Awful April’

2 weeks ago | cityam.com | Maurício Alencar

Thursday 22 May 2025 11:51 am UK economy shows early signs of recovery after ‘Awful April’ Economics Reporter Rachel Reeves and Andrew Bailey, the Governor of the Bank of England, will be monitoring all data on the UK economy. Isabel Infantes/PA Wire The UK economy looks set to recover from a torrid month for businesses in which higher energy costs and employment tax rises kicked into effect, fresh data has suggested. S&P Global’s latest flash purchasing managers’ index (PMI) showed that the...
Net migration cut in half as Tory policies take effect

2 weeks ago | cityam.com | Maurício Alencar

Thursday 22 May 2025 10:06 am Net migration cut in half as Tory policies take effect Economics Reporter Net migration levels have radically fallen. Net migration was cut in half in 2024 as an extra 431,000 arrived in the UK, official data has shown, suggesting Tory-era policies have had some of their desired effects. The Office for National Statistics (ONS) said fewer people arrived on work and study-related visas while an increase in Brits leaving the UK also reduced net migration levels....
Reeves oversees borrowing spike in April

2 weeks ago | cityam.com | Maurício Alencar

Thursday 22 May 2025 7:16 am Reeves oversees borrowing spike in April Economics Reporter Rachel Reeves is under pressure to control borrowing levels. Government borrowing spiked in April, official data has shown, reflecting Rachel Reeves’s difficulties in controlling public finances. The rise represented an overshoot as the Office for Budget Responsibility (OBR), the fiscal watchdog, predicted borrowing to hit £18bn in April. Tax receipts came in at £62.1bn, according to the Office for...
London defies ‘Awful April’ slump with more job postings

2 weeks ago | cityam.com | Maurício Alencar

Thursday 22 May 2025 6:00 am | Updated: Wednesday 21 May 2025 5:53 pm London defies ‘Awful April’ slump with more job postings Economics Reporter London has defied national trends as job postings in the capital rose. (Photo by Leon Neal/Getty Images) London was one of two regions across the UK to have seen a rise in job postings, with fresh data suggesting businesses in the capital city defied the double whammy of tax hikes and President Trump’s tariff threats. Europe’s richest city has...
Reeves’ impossible mission to save public finances - in four charts

2 weeks ago | cityam.com | Maurício Alencar

Wednesday 21 May 2025 3:50 pm Reeves’ impossible mission to save public finances – in four charts Economics Reporter Rachel Reeves faces a difficult challenge in saving public finances. Rachel Reeves might have shivered when she heard Keir Starmer tell the House of Commons winter fuel payments would be restored to “more pensioners”. The £2bn cut in spending was designed as an effort to stop public finances falling apart – but the embarrassment of political backlash have ultimately scared the...
UBS creates AI tool to monitor interest rate cuts

2 weeks ago | cityam.com | Maurício Alencar

Wednesday 21 May 2025 8:00 am | Updated: Tuesday 20 May 2025 5:44 pm UBS creates AI tool to monitor interest rate cuts Economics Reporter UBS said Christine Lagarde’s views on interest rate cuts made the ECB seem more hawkish. UBS has created an AI model that takes a view on central bank’s hawks and doves when interest rates are set in a bid to cut through the noise of hard-to-read press conferences. In a new policy paper spanning 38 pages, the Swiss bank revealed that its new tool is adept...
Reeves’ taxes push inflation to 3.5 per cent in Awful April

2 weeks ago | cityam.com | Maurício Alencar

Wednesday 21 May 2025 7:09 am Reeves’ taxes push inflation to 3.5 per cent in ‘Awful April’ Economics Reporter Chancellor Rachel Reeves’ tax hikes contributed to price growth in April. Inflation bounced back up to 3.5 per cent in April, official data has revealed, underlining the cost burden firms are taking on after Chancellor Reeves’ tax hikes on employers and rise to the national living wage came into effect. Consumer price inflation rose by 1.2 per cent on a month-on-month basis, higher...
Insolvency levels hit highest level in eight months in Awful April

2 weeks ago | cityam.com | Maurício Alencar

Tuesday 20 May 2025 2:29 pm Insolvency levels hit highest level in eight months in Awful April Economics Reporter Construction is at the top of the insolvency leaderboard. (Photo by Leon Neal – WPA Pool/Getty Images) April insolvency levels soared to their highest level in in eight months, official data has shown, reflecting businesses’ helplessness in the face of higher employment costs and the looming threat of President Trump’s tariffs. Over 2,000 companies collapsed last month, with most...
Reeves' risky borrowing policies prompt tax hike fears

2 weeks ago | cityam.com | Maurício Alencar

Tuesday 20 May 2025 1:48 pm Reeves’ risky borrowing policies prompt fresh tax hike fears Economics Reporter Rachel Reeves may have to raise taxes as borrowing costs spiral. Tax hike fears are gathering pace as rising borrowing costs are set to wipe out at around half of Chancellor Reeves’ small £9.9bn headroom, a leading economics consultancy has warned. Reeves made around £14bn in spending cuts at her Spring Statement two months ago but left herself with one of the slimmest fiscal buffers on...