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.

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Lloyds accused of debanking left-wing media outlet The Canary

June 30, 2026

Lloyds Banking Group has been accused of debanking the left-wing news website The Canary in a move that has left the media outlet with “barely any funds”. The bank was slammed by the media firm on Tuesday for allegedly “withholding a substantial amount of our money” and debanking them after nearly a decade of use. [...]
UK fintech Monovate posts £8.3m loss as Visa and Mastercard partner dumps European arm

June 30, 2026

A key fintech partner of Mastercard and Visa suffered a hit to its bottom line as the business restructured its European operations and counted the costs of a major accounting error. Monovate – which acts as a licensed middle man bridging businesses and payment giants – made a loss of £8.3m in 2025, which was [...]
Barclays splashes £750m on Canary Wharf base in ‘strong endorsement’ of London

June 30, 2026

Barclays has taken control of its global headquarters based out of Canary Wharf in a £750m deal hailed as a “strong endorsement” of the financial district and the capital itself. The blue-chip lender has entered a long-term leasehold interest agreement with Canary Wharf Group that grants the bank to use the property – based at [...]
As it happened: Stocks jump on defence and metals boost; Oil on track to shed a fifth on US-Iran peace hopes

June 30, 2026

Welcome back to the City AM liveblog. Oil’s speed of decline has taken a hit this week as investors were forced to pause at the renewal of strike action between the US and Iran. Brent crude – the international benchmark for oil prices – was steadying above $73 per barrel, holding onto some of the [...]
‘Sh*tloads to come’: London takeover spree set to accelerate

June 29, 2026

At a gathering of some of London’s top bankers in the City of London last week, the mood was one of uncertainty. On the one hand, London’s dealmakers are not in want of work. In the past two weeks alone Easyjet has opened the door to an approach from American private equity firm Castlelake, Ramsdens [...]
Mercedes-Benz slammed for swerving payout for car with ‘serious safety risk’

June 29, 2026

Mercedes-Benz’s finance arm has been slammed by the UK’s banks ombudsman for “very poor” handling of a motor finance dispute where a consumer’s car showed “serious” electrical faults. The financial services arm of the German carmaker has been ordered to refund with interest 50 per cent of all monthly payments made by a customer after [...]
Wise profit slides as costs racks up from US listing

June 26, 2026

Money transfer firm Wise saw its profit fall in its latest financial year as costs related to its new primary listing on Wall Street helped take a chunk out of the company’s bottom line. The UK fintech’s profit before tax slid eight per cent to $660m (£500m) – down from $717.5m – in its first [...]
As it happened: Stocks tumble after Apple rattles global markets; UK food exports hit by US tariffs

June 26, 2026

Welcome back to the City AM liveblog. Markets are digesting fresh inflationary fears driven by Apple’s price hike as well as renewed threats over the safety of the Strait of Hormuz this morning after a projectile struck a vessel off the coast of Oman. Asian equity markets took a tumble overnight as price increases announced [...]
Barclays and Lloyds join banking sector plan for digital ID

June 25, 2026

Barclays and Lloyds are among a group of top UK lenders working on a plan that would see customers able to use digital identification tools in their banking app. The collective of banks – which also includes HSBC, Nationwide, Natwest and Santander – are working with industry body UK Finance on a process where users’ [...]
US glue maker swoops on AIM-listed manufacturer in £659m deal

June 25, 2026

A US glue maker is set to hand London’s junior stock market another blow after snapping up medtech firm Advanced Medical Solutions. HB Fuller said on Thursday it would acquire the AIM-listed company in a deal that values it at £659m. The US manufacturer – which specialises in industrial adhesives and chemical products – offered [...]

Why it could now cost more to sack an executive in the UK than FRANCE

Major development in £3bn project backed by Crystal Palace co-owner David Blitzer

‘Bankers are people too’: Inside tongue-in-cheek bar The Pregnant Man

By: Samuel Norman

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