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 close: ‘Trouble ahead’ as markets brace for Trump’s ‘Liberation Day’

April 2, 2025

The FTSE 100 joined European markets back in the red on Wednesday, as investors braced for Trump’s forthcoming tariff announcement. The UK’s flagship index closed at 8,608.48p, marking a 0.3 per cent dip. Rolls-Royce lost over three per cent, making it the index’s top faller. Vodafone and GSK also saw losses of around 2.5 per [...]
FTSE 100 close: Rolls Royce leads rebound as US markets bounce back ahead of new tariffs

April 1, 2025

European and US markets welcomed calmer waters on Tuesday after swimming in a sea of red on Monday. The FTSE 100 sharply rose in early trading before consolidating gains. The index closed up 0.6 per cent, led by Rolls Royce, which surged over four per cent and over 2.5 per cent rise in insurance provider [...]
Close Brothers shares fluctuate as motor finance hearing kicks off

April 1, 2025

Shares in FTSE 250 lender Close Brothers were volatile during early trading on Tuesday as the first day of the motor finance hearing kicked off. The bank was one of the FTSE’s top fallers as markets opened after it suffered a downgrade from City broker Peel Hunt. The broker said the “extent” of guidance downgrades [...]
Trump’s ‘Liberation Day’ could wipe out Rachel Reeves’ fiscal headroom

April 1, 2025

A mere week after Rachel Reeves told the Commons she had restored her fiscal headroom, Trump’s planned ‘Liberation Day’ tariff deluge could send a wrecking ball through the Chancellor’s buffer. Wall Street giant Goldman Sachs has downgraded Britain’s economic growth outlook ahead of the President launching a fresh set of tariffs that could smash Reeves’ [...]
Peel Hunt shares edge up as City broker cuts costs to reduce losses

April 1, 2025

Shares in City broker Peel Hunt edged higher in early trades this morning after the company issued a positive trading update. The company said it anticipated revenue of £90m for the year ending 31 March 2025, an increase of five per cent from the previous year. The investment bank reported revenue of £85.5m in fiscal [...]
FTSE close: Trump triggers global market sell-off ahead of ‘Liberation Day’

March 31, 2025

Investors across the globe braced for Trump’s ‘Liberation Day’ on April 2 as they hastily retreated from stock markets. Trump will unveil a new set of tariffs on Wednesday, including a 25 per cent levy slapped on all automotive imports in the US, which has already been confirmed. The tariffs, which the President said are [...]
FTSE and Europe in the red as US markets open on a downturn

March 31, 2025

The latest escalation in Trump’s trade war painted global markets red on Monday. This new headache came ahead of Trump’s so-called ‘Liberation Day’ on April 2, which has investors bracing for a broad set of fresh tariffs. The President will slap 25 per cent tariffs on all automotive imports in the US from Wednesday, with [...]
UK Finance: Government must ‘unify’ market strategy

March 31, 2025

The relationship British businesses have with public exchanges such as the London Stock Exchange and private markets has transformed and requires a new strategy, a fresh report from UK Finance has said. The financial services company, which serves as an industry body for banking, found a dwindling importance of public listings with firms staying private [...]
Pennon Group records loss after parasite scandal

March 31, 2025

Pennon Group, the British utility firm which owns South West Water, said in a trading update this morning that the costs of last year’s Brixham water supply scandal had forced it into a loss in the second half of last year. The water company said lower customer demand and inflationary cost pressures were offset by [...]
Pets at Home shakes off current market woes but warns of struggles ahead

March 31, 2025

Pets at Home announced its profit had fallen in line with expectations in its performance update, but warned of struggles ahead. Its share price fell more than 10 per cent in early trades. The group predicted profit before tax for the year at £133m, in line with previous guidance. It said trends in the final [...]

Layoffs and an executive exit: What’s going on at London’s first listed law firm?

Manchester United accused of banning loyal fans to make space for big-spending tourists

Will Ibai take home a Toast the City Award?

By: Samuel Norman

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