By: Samuel Norman

Senior City Reporter Samuel is a Senior City Reporter covering banking and fintech as well as stories on capital markets and economics. He also leads on City AM's morning liveblog from 7am everyday. He has previously written for the Daily Mail and The i Paper and worked for Sky News as an election stringer. He enjoys writing in-depth analysis of major blue-chip firms and start-ups and also industry trends. He can be contacted at samuel.norman@cityam.com and posts on LinkedIn and X at x.com/samnormanwrites.

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FTSE 100 Live: Stocks flat as Trump’s ceasefire deadline looms

Markets

Good morning and welcome back to the City AM liveblog. Markets are gearing up to slip once more as the end of the temporary ceasefire in the Middle East draws nearer. The temporary suspension of hostilities is set to end on Wednesday – two weeks after Donald Trump announced a pause in strikes. Trump was [...]
Revolut’s blockbuster IPO is two years out, says Nik Storonsky

Fintech

The boss of Revolut has ruled out a public listing for the next two years in a move that extends the Treasury’s timeline to shore up one of Europe’s most-desired IPO prospects. Nik Storonsky, the straight-talking founder of Revolut, said a public debut was “two years away”. “We’re a bank, and for a bank, it’s [...]
‘No more Mr Nice Guy’: Oil prices spike as Trump renews Iran power plant threats

Energy

The price of oil has been driven higher by the latest round of escalations in the Middle East renewing fears of a drastic global energy shock. Brent crude – the international benchmark for oil prices – jumped over six per cent on Monday morning to over $96. It follows a weekend of tensions where shipping [...]

Unemployment to peak at 5.8 per cent as jobs market faces ‘biggest hit’ since pandemic

April 20, 2026

Britain is set to be “pushed to the brink of a technical recession” in the coming year as the economic fallout of the war in Iran dampens growth prospects and sends unemployment soaring. The latest Item Club report sees the UK economy flatlining in the second and third quarters as it digests the consequences of [...]
Rachel Reeves to meet Lloyds and Natwest chiefs over Iran war

April 20, 2026

Rachel Reeves has called in the bosses of Britain’s top banks for a summit this week to discuss the economic impact of the war in Iran. The Chancellor has invited executives from Barclays, HSBC, Lloyds, Natwest, Santander UK as well as the UK’s biggest building society Nationwide for a meeting this Wednesday. The meeting – as [...]
FTSE 100 Live: Stocks slump on renewed Iran threats; UK to be ‘pushed to brink’ of recession

April 20, 2026

Good morning and welcome back to the City AM liveblog. Markets are returning from the weekend to a fresh round of volatility. The mood ended last week on a high following the re-opening of the Strait of Hormuz but that sentiment was quickly squashed over the weekend as tensions renewed. Shipping in the Strait of [...]
UK fintech chiefs switch growth plans as capital conditions wane

April 20, 2026

Over seven in ten UK fintech chiefs are switching growth plans due to the country’s ailing capital conditions. Some 71 per cent of the sector’s top bosses said they have had to adjust growth strategies as a result of tightening capital conditions, according to a fresh report from fintech advisory firm Chatsworth and market researcher [...]
FTSE 100 jumps as Strait of Hormuz fully open following ceasefire

April 17, 2026

The Iranian regime has reopened the Strait of Hormuz following a ceasefire in the Middle East between numerous warring nations. Tehran’s foreign minister said on Friday afternoon: “In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire”. Traffic [...]
JP Morgan poaches Monzo’s banking officer to head up Chase UK

April 17, 2026

JP Morgan has poached a top executive from Monzo to head up Chase UK. The Wall Street giant has hired Kunal Malani, who has served as chief banking officer at Monzo since 2020, to lead its UK-based digital banking service. Malani has had stints at Barclays and HSBC in his retail banking career before heading [...]
FTSE 100 Live: Stocks jittery as Starmer makes play to reopen Strait of Hormuz

April 17, 2026

Good morning and welcome back to the City AM liveblog. The UK and France are set to co-chair a meeting with allies later today in a bid to strum up ways to re-open the Strait of Hormuz. The vital waterway, which sits off Iran’s coast, sees around a fifth of the world’s oil supply flow [...]

FTSE 100 Live: Stocks flat as Trump’s ceasefire deadline looms

London set for £12m boost as host of Tour de France Femmes team time trial

The cult of cute: The strange drama of corporate mascots

By: Samuel Norman

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