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 sinks as S&P 500 and Dow Jones plummet on open

April 4, 2025

The pain continued for global markets on Friday, as the S&P 500 and Dow Jones joined the FTSE 100 in the red. The FTSE 100’s downturn deepened following China’s announcement of 34 per cent retaliatory tariffs against the US. The index closed at 8,063.12, making a 4.9 per cent loss. This marked the FTSE 100’s [...]
FTSE 100 plunges as global trade war ramps up

April 4, 2025

The FTSE 100 nosedived today after China announced a 34 per cent retaliatory tariff against the US. Trump’s ‘Liberation Day’ assault has continued to linger over markets, with the UK’s flagship index closing on a 4.9 per cent loss at 8,063.12. This was the FTSE 100’s biggest loss since the beginning of the pandemic on [...]
Rolls-Royce: FTSE 100 giant sees shares crash as global trade war revs up

April 4, 2025

Shares in FTSE giant Rolls-Royce sank as much as 10 per cent on Friday after fears of a global trade war exploded. Global markets tumbled after China announced a 34 per cent retaliatory tariff against the US. Rolls-Royce, which is a prominent exporter of aircraft and marine engines and power systems, saw its stock price [...]
HSBC, Natwest and Barclays shares plunge as FTSE 100 downturn deepens

April 4, 2025

The FTSE 100’s ‘Big Five’ banks were back in the red on Friday as tariff woes intensified. Shares in Natwest and Barclays slumped nearly ten per cent after China announced retaliatory tariffs against the US, making them the index’s top fallers. HSBC lost over eight per cent. Lloyds and Standard Chartered were not far behind [...]
UK fintech Wise eyes FTSE 100 listing

April 4, 2025

Money transfer business Wise said it was consulting with shareholders on a potential FTSE 100 listing. The fintech said it would need to amend parts of its articles of association and receive approval from the Financial Conduct Authority to join a new listing category. Wise said it was “extensively consulting with shareholders on the optimal [...]
Trump’s tariffs trigger Wall Street’s biggest losses since 2020

April 4, 2025

Trump’s ‘Liberation Day’ tariff onslaught left global markets with some of their biggest losses since the pandemic. The FTSE 100 sank 1.5 per cent as banking and tech stocks across the globe dragged the index down. The FTSE 350 bank index fell nearly eight per cent, as Standard Chartered, HSBC, and Barclays all suffered heavy losses. Over [...]
S&P 500 and Dow Jones plunge as banks drive FTSE 100 slump

April 3, 2025

The S&P 500 and Dow Jones joined the FTSE 100 in the red as US markets opened following Trump’s tariff onslaught. The S&P plummeted over three per cent in early trading, whilst the Dow slid nearly three per cent marking a loss of 1,200 points. The tech-heavy Nasdaq Exchange, which includes Tesla and Apple, slumped [...]
Close Brothers shares soar past target price whilst FTSE 100 banks sink

April 3, 2025

Shares in FTSE 250 lender Close Brothers rallied on Thursday morning whilst its banking rivals HSBC, Barclays and Standard Chartered tumbled. The lender made gains as high as ten per cent during early trading before consolidating around five percent, as the bank clawed back recent losses. Meanwhile, Standard Chartered led the FTSE 100 losses at [...]
HSBC and Barclays shares plummet as tariff woes hit FTSE 100

April 3, 2025

Shares in Britain’s top lenders plunged into the red during early trading on Thursday as Trump’s tariff announcement hit London markets. Europe’s biggest lender HSBC was down over five per cent, with Barclays seeing a more than four per cent drop. Standard Chartered was the FTSE 100’s top faller, as the bank’s stock sank over [...]
Wise shares jump after the company upgrades forecasts

April 3, 2025

Shares in global fintech Wise jumped six per cent in early deals this morning after the firm posted preliminary figures for its current financial year on Thursday ahead of its capital markets day. The event’s presentation will also include updates on the current financial year, for which the full results will be posted on June [...]

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Spirit of Speyside Whisky Festival to drive millions into Scotch sector

By: Samuel Norman

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