By: Samuel Norman

Senior City Reporter Samuel is a Senior City Reporter covering all the top financial institutions from retail banks to fintechs as well as stories on capital markets and economics. He has broken stories on some of the biggest names in the City and regularly writes in-depth analysis pieces on companies and industry trends. Samuel also leads on City AM's morning liveblog from 7am everyday. He writes a weekly column found in print and online on Wednesdays. He can be contacted at samuel.norman@cityam.com and posts on LinkedIn and X at x.com/samnormanwrites.

All 1721 Articles

Plus500 splashes cash on investors after US expansion bears fruit

August 10, 2026

Plus500 has kicked off another round of bumper returns to shareholders after delivering its highest customer income in five years following expansion into the US market. The FTSE 250 fintech recorded revenue of $462.9m for the first half of the year, up 12 per cent year-on-year. Meanwhile customer income, which measures revenue generated directly from [...]
As it happened: Intel, Arm shares slide; Oil climbs higher

August 10, 2026

Welcome back to the City AM liveblog. Oil is starting the new week higher and making its third consecutive session for gains after optimism for a peace deal between the US and Iran stalled over the weekend and uncertainty around the Strait of Hormuz persisted. Donald Trump has said the US is “low-keying it” with Iran, [...]
Thames Water faces fresh threat to survival after pensions regulation breach

August 8, 2026

Thames Water is facing a fresh threat to its survival after breaching pensions regulations, opening up the possibility of a costly probe. The Reading-based business, which could run out of cash as soon as December, missed a statutory deadline at the end of June to value its company pension scheme and is now facing a [...]
JD assembles Ikea chair after rocky period for retailer

August 7, 2026

The former boss of Ikea has been named as JD Sport’s new chair following a tumultuous period for the retailer. Peter Agnefjäll, who spent more than two decades at the Swedish home furnishing brand, is set to succeed Darren Shapland as the chair of JD from the beginning of September. Shapland was appointed to the [...]
As it happened: Stocks rise despite new tensions in Strait of Hormuz; Oil price climbs

August 7, 2026

Welcome back to the City AM liveblog. New tensions in the Strait of Hormuz this morning are leaving markets on edge and handing a blow to earlier optimism around a peace deal between the US and Iran. Oil is moving higher, reversing some of the drawback from the beginning of this week, after an attack [...]
WPP slashes jobs as revenue continues to fall

August 6, 2026

Embattled advertiser WPP slashed jobs in the first half of the year as its revenue continued to fall. The London-listed media group cut another 1,267 employees in the first half, around 1.3 per cent of its total staffing. Across the 12 months to June, WPP has now slashed its total workforce by 6.4 per cent [...]
As it happened: Stocks fall into red as oil fluctuates over Middle East developments

August 6, 2026

Welcome back to the City AM liveblog. Oil prices have fluctuated around the $80 mark over the last 24 hours following mixed developments coming out of the Middle East. Brent crude – the international benchmark for oil prices – was heading towards $79 per barrel on Thursday morning, holding up a near 10 per cent [...]
Starling plans to ‘come out swinging’ in diversification bid

August 6, 2026

Bernadette Smith has a spring in her step as she sits down in Starling’s headquarters to discuss her new role. The fintech’s new banking boss is buzzing with energy that she wants to pass onto customers and investors. “I want everyone to be talking about us,” she says, envisaging how she will measure success in [...]
Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation

August 5, 2026

The billionaire founder of Revolut is set to see his wealth balloon following reports of a pay package that would land him a major stock windfall if the fintech reaches a $500bn valuation. The digital bank, which is currently undergoing a secondary share sale seeking to value the firm at $115bn, is in discussions to [...]
Next hikes targets as heatwave boosts sales

August 5, 2026

Next has upgraded its profit targets for the year after breezing past second quarter expectations, putting its shareholders in line for a bumper payday. The FTSE 100 retail giant hiked its pre-tax profit expectations for 2026 to £1.24bn, around £25m higher than previously estimates. If achieved the figure would mark 7.3 per cent growth on [...]

Office cycle racks empty as e-bikes pile up – could the solution be obvious?

Rocket Padel raises £7m ahead of West London and East Croydon club openings

Where to eat Greek food in central London

By: Samuel Norman

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