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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Spending Review: Reeves piles billions into tech as firms cool on UK

June 11, 2025

Chancellor Rachel Reeves bet heavy on tech and innovation in her maiden Spending Review, in a week that saw a trio of tech firms depart from the London Stock Exchange. Reeves hiked research and development funding to a record high of £22.6bn per year by the end of the Spending Review period. She doubled down [...]
FTSE 100 flirts with record high but falters once more

June 11, 2025

The FTSE 100 once more narrowly missed on a record closing high on Wednesday after faltering in the final moments of the trading session. The UK’s flagship index edged up 0.13 per cent to 8864.35p. This brought it just short of March’s record close of 8871.31p. Housebuilders topped the morning risers with Persimmon and Barratt [...]
Private equity giant KKR returns with final bid for Assura

June 11, 2025

UK healthcare property firm Assura has received its “best and final offer” from KKR, which is set to trigger another delisting blow for the London Stock Exchange. Assura has recommended a cash offer from Sana Bidco, a vehicle owned by KKR and Stonepeak, which values the firm at 52.1p per share. Shares in Assura closed [...]
Canadian giant swoops for London-listed Ricardo

June 11, 2025

London-listed engineering firm Ricardo has agreed to a £281m acquisition deal by Canadian consultancy giant WSP in the latest foreign takeover blow to the London Stock Exchange. Ricardo has accepted the 430p per share offer, a 28 per cent increase on the firm’s closing price on June 10 of 326p. It is a 69 per [...]
Rolls-Royce shares are champion of FTSE 100, analysts say

June 11, 2025

Rolls-Royce shares have become one of the London Stock Exchange’s crown jewels after showing no sign of slowing down its rapid rise. The stock has climbed over 53 per cent since the beginning of the year and nearly doubled from its standing 12 months ago. The firm’s latest rally came on Tuesday after it was [...]
FCA boss: Buy now, pay later regulation is a trade off

June 10, 2025

The chief executive of the Financial Conduct Authority (FCA) said the new clamp down on buy now, pay later (BNPL) regulation would be a “trade off” as he faced a grilling from MPs. Nikhil Rathi, who was reappointed as the regulator’s boss in April, told the Treasury Committee the crackdown would have “beneficiaries and downside [...]
FTSE 100 narrowly misses record high after housebuilders rally

June 10, 2025

The FTSE 100 closed just short of a record high on Tuesday after fresh economic data fuelled hopes of further interest rate cuts from the Bank of England. The UK’s flagship market inched up 0.24 per cent to 8853.08p after a rally from homebuilders. This narrowly missed March’s record close of 8,871.31p. Builders Persimmon and [...]
Londoners most at risk of online fraud, report reveals

June 10, 2025

Londoners are at significant risk of digital and financial exclusion after new data revealed one in four people in the UK capital lack confidence in money management. According to research from WPI Economics and Virgin Money, Londoners are twice as likely to experience both digital and financial exclusion than those living in the South East. [...]
Voters reject Reeves’ plans for state power on pension investments

June 10, 2025

A majority of British voters oppose the government having powers to dictate pension fund investments, fresh polling has revealed, in a blow to Rachel Reeves’ attempts to use pension pot funds to boost growth. Three in five voters disagree with government influence over pension fund investments, according to a City AM and Freshwater Strategies poll [...]
Brits sound alarm on branch closures as Lloyds and Natwest shutter sites

June 9, 2025

Over half of Brits struggle to speak to a real person when they need support, fresh research shows, underscoring the challenge facing banking customers as more top lenders shutter their branches. Research from credit information service CRIF showed six in ten consumers were unable to get the support required due to bank branch closures. This [...]

Starmer took sport freebies worth tens of thousands of pounds while PM

Starmer took sport freebies worth tens of thousands of pounds while PM

The PlayStation Portal 2026 review: Japanese innovation, hampered by UK infrastructure

By: Samuel Norman

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